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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.637100000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_20-22</name>
        <lei>N/A</lei>
        <title>FNMA_20-22</title>
        <cusip>3136B9HD2</cusip>
        <identifiers>
          <isin value="US3136B9HD27"/>
          <other otherDesc="Internal Id" value="3136B9HD2"/>
        </identifiers>
        <balance>2520401.860000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>352232.710000000000</valUSD>
        <pctVal>0.0687885113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.637100000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_20-38</name>
        <lei>N/A</lei>
        <title>FNMA_20-38</title>
        <cusip>3136BACZ5</cusip>
        <identifiers>
          <isin value="US3136BACZ52"/>
          <other otherDesc="Internal Id" value="3136BACZ5"/>
        </identifiers>
        <balance>2585846.840000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>224805.250000000000</valUSD>
        <pctVal>0.0439028462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.537100000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_20-34</name>
        <lei>N/A</lei>
        <title>FNMA_20-34</title>
        <cusip>3136BAHY3</cusip>
        <identifiers>
          <isin value="US3136BAHY33"/>
          <other otherDesc="Internal Id" value="3136BAHY3"/>
        </identifiers>
        <balance>2544168.640000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>348783.640000000000</valUSD>
        <pctVal>0.0681149328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.587100000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_20-54</name>
        <lei>N/A</lei>
        <title>FNMA_20-54</title>
        <cusip>3136BBGH9</cusip>
        <identifiers>
          <isin value="US3136BBGH91"/>
          <other otherDesc="Internal Id" value="3136BBGH9"/>
        </identifiers>
        <balance>1658154.880000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>215649.010000000000</valUSD>
        <pctVal>0.0421146984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.687100000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_22-90</name>
        <lei>N/A</lei>
        <title>FNMA_22-90</title>
        <cusip>3136BPRP8</cusip>
        <identifiers>
          <isin value="US3136BPRP84"/>
          <other otherDesc="Internal Id" value="3136BPRP8"/>
        </identifiers>
        <balance>2827271.810000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>349328.660000000000</valUSD>
        <pctVal>0.0682213712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.632400000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_25-16</name>
        <lei>N/A</lei>
        <title>FNMA_25-16</title>
        <cusip>3136BU5N6</cusip>
        <identifiers>
          <isin value="US3136BU5N66"/>
          <other otherDesc="Internal Id" value="3136BU5N6"/>
        </identifiers>
        <balance>696522.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>708593.770000000000</valUSD>
        <pctVal>0.1383832596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.104800000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA_25-12</name>
        <lei>N/A</lei>
        <title>FNMA_25-12</title>
        <cusip>3136BVHZ4</cusip>
        <identifiers>
          <isin value="US3136BVHZ45"/>
          <other otherDesc="Internal Id" value="3136BVHZ4"/>
        </identifiers>
        <balance>1117298.460000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1146499.840000000000</valUSD>
        <pctVal>0.2239031610</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.104800000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4606</name>
        <lei>N/A</lei>
        <title>FHLMC_4606</title>
        <cusip>3137BR5P6</cusip>
        <identifiers>
          <isin value="US3137BR5P68"/>
          <other otherDesc="Internal Id" value="3137BR5P6"/>
        </identifiers>
        <balance>2766462.210000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>300213.160000000000</valUSD>
        <pctVal>0.0586294679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.542800000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_4987</name>
        <lei>N/A</lei>
        <title>FHLMC_4987</title>
        <cusip>3137FTRP4</cusip>
        <identifiers>
          <isin value="US3137FTRP44"/>
          <other otherDesc="Internal Id" value="3137FTRP4"/>
        </identifiers>
        <balance>1100942.600000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>169786.270000000000</valUSD>
        <pctVal>0.0331580356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.617100000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4979</name>
        <lei>N/A</lei>
        <title>FHLMC_4979</title>
        <cusip>3137FTYA9</cusip>
        <identifiers>
          <isin value="US3137FTYA91"/>
          <other otherDesc="Internal Id" value="3137FTYA9"/>
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        <balance>1434723.270000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>188234.400000000000</valUSD>
        <pctVal>0.0367608226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.587100000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC FHLMC_4993</name>
        <lei>N/A</lei>
        <title>FHLMC_4993</title>
        <cusip>3137FU6V1</cusip>
        <identifiers>
          <isin value="US3137FU6V15"/>
          <other otherDesc="Internal Id" value="3137FU6V1"/>
        </identifiers>
        <balance>1659825.120000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>261358.390000000000</valUSD>
        <pctVal>0.0510414111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.587100000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STARC_19-CS02</name>
        <lei>N/A</lei>
        <title>STARC_19-CS02</title>
        <cusip>3137G0VZ9</cusip>
        <identifiers>
          <isin value="US3137G0VZ94"/>
          <other otherDesc="Internal Id" value="3137G0VZ9"/>
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        <balance>150000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>148647.180000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.454200000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STACR_19-CS02</name>
        <lei>N/A</lei>
        <title>STACR_19-CS02</title>
        <cusip>3137G0WA3</cusip>
        <identifiers>
          <isin value="US3137G0WA35"/>
          <other otherDesc="Internal Id" value="3137G0WA3"/>
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        <balance>150000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>144602.750000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.454200000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STACR_19-CS02</name>
        <lei>N/A</lei>
        <title>STACR_19-CS02</title>
        <cusip>3137G0WB1</cusip>
        <identifiers>
          <isin value="US3137G0WB18"/>
          <other otherDesc="Internal Id" value="3137G0WB1"/>
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        <balance>14739081.555000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100088.680000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.270000000000</annualizedRt>
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        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES STACR_19-CS</name>
        <lei>N/A</lei>
        <title>STACR_19-CS03</title>
        <cusip>3137G0WF2</cusip>
        <identifiers>
          <isin value="US3137G0WF22"/>
          <other otherDesc="Internal Id" value="3137G0WF2"/>
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        <balance>413162.110000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>385411.210000000000</valUSD>
        <pctVal>0.0752680334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.454200000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES STACR_19-CS</name>
        <lei>N/A</lei>
        <title>STACR_19-CS03</title>
        <cusip>3137G0WG0</cusip>
        <identifiers>
          <isin value="US3137G0WG05"/>
          <other otherDesc="Internal Id" value="3137G0WG0"/>
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        <balance>36233006.540000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>277124.530000000000</valUSD>
        <pctVal>0.0541204247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.270000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
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        <name>FREDDIE MAC - STACR_20-DNA6</name>
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        <name>GCAT_19-NQM3</name>
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        <name>GITSIT MORTGAGE LOAN TRUST GITSIT_25-NPL1</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>GOVERNMENT NATIONAL MORTGAGE ASS</name>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-21</name>
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        <name>LHOME MORTGAGE TRUST LHOME_23-RTL3</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>LHOME MORTGAGE TRUST LHOME_24-RTL5</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>LHOME MORTGAGE TRUST LHOME_25-RTL3</name>
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        <curCd>USD</curCd>
        <valUSD>200750.000000000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>LEGACY MORTGAGE ASSET TRUST LMAT_21-GS1</name>
        <lei>N/A</lei>
        <title>LMAT_21-GS1</title>
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          <isin value="US52474JAA43"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>LENDING CLUB RECEIVABLES TRUST LCRT_20-2</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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      <invstOrSec>
        <name>LENDINGPOINT ASSET SECURITIZATION TRUST LDPT_21-1</name>
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        <title>LDPT_21-1</title>
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          <isin value="US52607DAD12"/>
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        <curCd>USD</curCd>
        <valUSD>42882.730000000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MARLETTE FUNDING TRUST MFT_21-1A</name>
        <lei>N/A</lei>
        <title>MFT_21-1A</title>
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          <isin value="US57110NAD84"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.470000000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MELLO MORTGAGE CAPITAL ACCEPTANCE MELLO_24-SD1</name>
        <lei>N/A</lei>
        <title>MELLO_24-SD1</title>
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          <isin value="US58550DAE31"/>
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        <balance>500000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>458279.650000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK MORTGAGE TRUST NYMT_24-BPL1</name>
        <lei>N/A</lei>
        <title>NYMT_24-BPL1</title>
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          <isin value="US62956MAA36"/>
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        <balance>500000.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.154000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK MORTGAGE TRUST NYMT_24-RR1</name>
        <lei>N/A</lei>
        <title>NYMT_24-RR1</title>
        <cusip>62956VAA3</cusip>
        <identifiers>
          <isin value="US62956VAA35"/>
          <other otherDesc="Internal Id" value="62956VAA3"/>
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        <balance>908239.310000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>915219.130000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.375000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENVA_23-A</name>
        <lei>N/A</lei>
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          <isin value="US64110XAA81"/>
          <other otherDesc="Internal Id" value="64110XAA8"/>
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        <balance>119301.840000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>119602.830000000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.780000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST NRZT_19-RPL3</name>
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        <balance>750000.000000000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>3.982000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST NRZT_22-NQM2</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US64831MAB81"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>3.699000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST NRZT_22-NQM2</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>ONSLOW BAY FINANCIAL LLC TRUST OBX_21-NQM2</name>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>PAGAYA AI DEBT SELECTION TRUST PAID_24-10</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>PAGAYA AI DEBT GRANTOR TRUST PAID_25-R2</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.865000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PAGAYA AI DEBT GRANTOR TRUST PAID_24-7</name>
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        <title>PAID_24-7</title>
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          <isin value="US69545AAC80"/>
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        <balance>488927.720000000000</balance>
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        <valUSD>494733.350000000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PAGAYA AI DEBT SELECTION TRUST PAID_21-2</name>
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        <balance>13474.040000000000</balance>
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        <valUSD>13399.810000000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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      <invstOrSec>
        <name>Morgan Stanley</name>
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        <name>JPMorgan</name>
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        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <curCd>N/A</curCd>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <curCd>N/A</curCd>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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      <invstOrSec>
        <name>JPMorgan</name>
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      <invstOrSec>
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        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
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      <invstOrSec>
        <name>Goldman Sachs</name>
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                <issuerName>COCOA FUTURE (LIFFE) DEC 25</issuerName>
                <issueTitle>COCOA FUTURE (LIFFE) DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="QCZ5C25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-11</expDate>
            <notionalAmt>375877.35</notionalAmt>
            <curCd>GBP</curCd>
            <unrealizedAppr>-6591.540000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>GAS OIL JAN 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00HBC8RB23"/>
          <ticker value="QSF6"/>
          <other otherDesc="Internal Id" value="QSF6C26"/>
        </identifiers>
        <balance>20.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>38020.520000000000</valUSD>
        <pctVal>0.0074251337</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>GAS OIL JAN 26</issuerName>
                <issueTitle>GAS OIL JAN 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="QSF6C26"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-01-12</expDate>
            <notionalAmt>1254479.48</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>38020.520000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>GAS OIL MAR 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00HBC8RD47"/>
          <ticker value="QSH6"/>
          <other otherDesc="Internal Id" value="QSH6C26"/>
        </identifiers>
        <balance>20.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>16691.600000000000</valUSD>
        <pctVal>0.0032597493</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>GAS OIL MAR 26</issuerName>
                <issueTitle>GAS OIL MAR 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="QSH6C26"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-03-12</expDate>
            <notionalAmt>1262308.40</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>16691.600000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>GAS OIL MAR 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00HBC8RD47"/>
          <ticker value="QSH6"/>
          <other otherDesc="Internal Id" value="QSH6C26"/>
        </identifiers>
        <balance>20.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-4221.540000000000</valUSD>
        <pctVal>-0.0008244364</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>GAS OIL MAR 26</issuerName>
                <issueTitle>GAS OIL MAR 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="QSH6C26"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-03-12</expDate>
            <notionalAmt>1283221.54</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-4221.540000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>GAS OIL MAY 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00HBC8RG77"/>
          <ticker value="QSK6"/>
          <other otherDesc="Internal Id" value="QSK6C26"/>
        </identifiers>
        <balance>20.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>13163.590000000000</valUSD>
        <pctVal>0.0025707543</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>GAS OIL MAY 26</issuerName>
                <issueTitle>GAS OIL MAY 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="QSK6C26"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-05-12</expDate>
            <notionalAmt>1250336.41</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>13163.590000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>GAS OIL OCT 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00H6D17483"/>
          <ticker value="QSV5"/>
          <other otherDesc="Internal Id" value="QSV5C25"/>
        </identifiers>
        <balance>26.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>32647.120000000000</valUSD>
        <pctVal>0.0063757474</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>GAS OIL OCT 25</issuerName>
                <issueTitle>GAS OIL OCT 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="QSV5C25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-10-10</expDate>
            <notionalAmt>1715852.88</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>32647.120000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>BRITISH POUND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTGBP"/>
        </identifiers>
        <balance>8552001.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>36528.860000000000</valUSD>
        <pctVal>0.0071338233</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>11523912.14</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>8552001.00</amtCurPur>
            <curPur>GBP</curPur>
            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>36528.860000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>BRITISH POUND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTGBP"/>
        </identifiers>
        <balance>8334954.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-112186.360000000000</valUSD>
        <pctVal>-0.0219091881</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>11379227.15</amtCurSold>
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            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>-112186.360000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>BRITISH POUND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTGBP"/>
        </identifiers>
        <balance>4859000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citi</counterpartyName>
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        </derivativeInfo>
        <securityLending>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>HUNGARIAN FURINT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTHUF"/>
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        <balance>3004843082.000000000000</balance>
        <units>OU</units>
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        <curCd>N/A</curCd>
        <valUSD>419118.090000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citi</counterpartyName>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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          <other otherDesc="Internal Id" value="CCTHUF"/>
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        <curCd>N/A</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>Citi</counterpartyName>
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        </derivativeInfo>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>INDONESIAN RUPIA</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Id" value="CCTIDR"/>
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        <balance>37607464867.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-15252.930000000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <derivativeInfo>
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              <counterpartyName>Citi</counterpartyName>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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        <cusip>000000000</cusip>
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          <other otherDesc="Internal Id" value="CCTIDR"/>
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        <balance>500000000.000000000000</balance>
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        <curCd>N/A</curCd>
        <valUSD>-151.150000000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Citi</counterpartyName>
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            <unrealizedAppr>-151.150000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>ISRAELI SHEKEL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTILS"/>
        </identifiers>
        <balance>20691041.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>183547.090000000000</valUSD>
        <pctVal>0.0358454247</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
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            <amtCurSold>6016008.35</amtCurSold>
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            <settlementDt>2025-09-17</settlementDt>
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      <invstOrSec>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
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          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <curCd>N/A</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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      <invstOrSec>
        <name>JPMorgan</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Citi</name>
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      <invstOrSec>
        <name>Citi</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citi</name>
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      <invstOrSec>
        <name>Citi</name>
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      <invstOrSec>
        <name>Citi</name>
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        <name>Citi</name>
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        <name>Citi</name>
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        <name>Citi</name>
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        <name>Citi</name>
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        <name>Citi</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citi</name>
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      <invstOrSec>
        <name>Citi</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>Morgan Stanley</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Citi</name>
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        <name>Citi</name>
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        <name>JPMorgan</name>
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        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Morgan Stanley</counterpartyName>
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                <issuerName>FTSE CHINA A50 SEP 25</issuerName>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <ticker value="YMU5"/>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>AUST 3YR BOND SEP 25</issuerName>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
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          <isin value="GB00MDWB7N22"/>
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        <currencyConditional curCd="GBP" exchangeRt="0.739863865"/>
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        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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            <payOffProf>Long</payOffProf>
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                <issuerName>FTSE 100 INDEX SEP 25</issuerName>
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      <invstOrSec>
        <name>Goldman Sachs</name>
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          <ticker value="KCZ5"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Goldman Sachs</counterpartyName>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>FTSE 100 INDEX SEP 25</title>
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          <isin value="GB00MDWB7N22"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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                <issuerName>FTSE 100 INDEX SEP 25</issuerName>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <derivativeInfo>
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      <invstOrSec>
        <name>Citi</name>
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          <other otherDesc="Internal Id" value="CCTCOP"/>
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        <curCd>N/A</curCd>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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      <invstOrSec>
        <name>Citi</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI JAPAN INDEX 09/17/25</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Morgan Stanley</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <isin value="KR4101W90007"/>
          <ticker value="KMU5"/>
          <other otherDesc="Internal Id" value="KMU5I25"/>
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        <balance>128.000000000000</balance>
        <units>NC</units>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>KOSPI2 INDEX SEP 25</issuerName>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-11</expDate>
            <notionalAmt>13405124653.50</notionalAmt>
            <curCd>KRW</curCd>
            <unrealizedAppr>278427.840000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>WIG20(PLN20) INDEX SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PL0GF0031252"/>
          <ticker value="KRSU5"/>
          <other otherDesc="Internal Id" value="KRSU5I25"/>
        </identifiers>
        <balance>113.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="PLN" exchangeRt="3.643700000"/>
        <valUSD>-54591.540000000000</valUSD>
        <pctVal>-0.0106613346</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>WIG20(PLN20) INDEX SEP 25</issuerName>
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                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="KRSU5I25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-19</expDate>
            <notionalAmt>6547757.18</notionalAmt>
            <curCd>PLN</curCd>
            <unrealizedAppr>-54591.540000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>WHEAT KCBT FUTURE MAR 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="KWH6"/>
          <other otherDesc="Internal Id" value="KWH6C26"/>
        </identifiers>
        <balance>80.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-136355.320000000000</valUSD>
        <pctVal>-0.0266292119</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>WHEAT KCBT FUTURE MAR 26</issuerName>
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                <identifiers>
                  <cusip value="000000000"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-03-13</expDate>
            <notionalAmt>2299355.32</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-136355.320000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>WHEAT KCBT FUTURE MAY 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="KWK6"/>
          <other otherDesc="Internal Id" value="KWK6C26"/>
        </identifiers>
        <balance>39.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-18168.440000000000</valUSD>
        <pctVal>-0.0035481655</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>WHEAT KCBT FUTURE MAY 26</issuerName>
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                  <cusip value="000000000"/>
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            </descRefInstrmnt>
            <expDate>2026-05-14</expDate>
            <notionalAmt>1100418.44</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-18168.440000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>WHEAT KCBT FUTURE DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="KWZ5"/>
          <other otherDesc="Internal Id" value="KWZ5C25"/>
        </identifiers>
        <balance>-27.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>12145.410000000000</valUSD>
        <pctVal>0.0023719111</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>WHEAT KCBT FUTURE DEC 25</issuerName>
                <issueTitle>WHEAT KCBT FUTURE DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="KWZ5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-12</expDate>
            <notionalAmt>-713807.91</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>12145.410000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>WHEAT KCBT FUTURE DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="KWZ5"/>
          <other otherDesc="Internal Id" value="KWZ5C25"/>
        </identifiers>
        <balance>-131.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>78428.820000000000</valUSD>
        <pctVal>0.0153165837</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>WHEAT KCBT FUTURE DEC 25</issuerName>
                <issueTitle>WHEAT KCBT FUTURE DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="KWZ5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-12</expDate>
            <notionalAmt>-3482791.32</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>78428.820000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>LME PRI ALUM JAN 26</title>
        <cusip>000000000</cusip>
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          <isin value="GB00G0JL9Y57"/>
          <ticker value="LAF26"/>
          <other otherDesc="Internal Id" value="LAF26C26"/>
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        <balance>31.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>81043.970000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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            <expDate>2026-01-20</expDate>
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            <unrealizedAppr>81043.970000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>CZECH KORUNA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTCZK"/>
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        <balance>11953125.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>4518.450000000000</valUSD>
        <pctVal>0.0008824207</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
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            <amtCurSold>568739.19</amtCurSold>
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        <securityLending>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>EURO COUNTRIES</title>
        <cusip>000000000</cusip>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTEUR"/>
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        <balance>5963068.000000000000</balance>
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        <curCd>N/A</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>Citi</counterpartyName>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>EURO COUNTRIES</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Id" value="CCTEUR"/>
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        <curCd>N/A</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citi</counterpartyName>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>FSWP: OIS 3.500000 15-DEC-2027 SON</title>
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        <identifiers>
          <other otherDesc="Internal Id" value="BAXEN78R3"/>
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        <assetCat>DIR</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>JPMorgan</counterpartyName>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>FSWP: OIS 3.500000 15-DEC-2027 SON</title>
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      <invstOrSec>
        <name>Morgan Stanley</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>JPMorgan</name>
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        <name>JPMorgan</name>
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        <name>JPMorgan</name>
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        <name>Morgan Stanley</name>
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        <name>JPMorgan</name>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>JPMorgan</counterpartyName>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <curCd>N/A</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>JPMorgan</counterpartyName>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <isin value="GB00FW35KF69"/>
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          <other otherDesc="Internal Id" value="LAU25C25"/>
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        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>LME PRI ALUM SEP 25</issuerName>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
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          <isin value="GB00FW35KF69"/>
          <ticker value="LAU25"/>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>LME PRI ALUM SEP 25</issuerName>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
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          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>JPMorgan</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-12683726.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <isin value="GB00FXYVKX86"/>
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          <other otherDesc="Internal Id" value="LAX25C25"/>
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        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>LME PRI ALUM NOV 25</issuerName>
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                  <other otherDesc="Contract Identifier" value="LAX25C25"/>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00FZ0CSV38"/>
          <ticker value="LAZ25"/>
          <other otherDesc="Internal Id" value="LAZ25C25"/>
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        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>LIVE CATTLE FEB 26</title>
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        <curCd>USD</curCd>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>LIVE CATTLE FEB 26</issuerName>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>LIVE CATTLE APR 26</title>
        <cusip>000000000</cusip>
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          <ticker value="LCJ6"/>
          <other otherDesc="Internal Id" value="LCJ6C26"/>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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                <issuerName>LIVE CATTLE APR 26</issuerName>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>LIVE CATTLE OCT 25</title>
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          <other otherDesc="Internal Id" value="LCV5C25"/>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Goldman Sachs</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>LIVE CATTLE OCT 25</issuerName>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
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          <ticker value="LCV5"/>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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                <issuerName>LIVE CATTLE OCT 25</issuerName>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI BRAZIL 09/17/2025</title>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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      <invstOrSec>
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      <invstOrSec>
        <name>JPMorgan</name>
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      <invstOrSec>
        <name>JPMorgan</name>
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        <name>JPMorgan</name>
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        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>Citi</name>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citi</name>
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      <invstOrSec>
        <name>Citi</name>
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        <name>Citi</name>
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        <name>Citi</name>
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        <name>Citi</name>
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        <name>Citi</name>
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        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-124414.820000000000</valUSD>
        <pctVal>-0.0242973182</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
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            <amtCurSold>174639877.00</amtCurSold>
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            <amtCurPur>9766494.42</amtCurPur>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-6066666.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-544.820000000000</valUSD>
        <pctVal>-0.0001063994</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>6066666.00</amtCurSold>
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            <amtCurPur>340807.56</amtCurPur>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>DJIA MINI e-CBOT SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="DMU5"/>
          <other otherDesc="Internal Id" value="DMU5I25"/>
        </identifiers>
        <balance>8.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>63695.700000000000</valUSD>
        <pctVal>0.0124393114</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>DJIA MINI e-CBOT SEP 25</issuerName>
                <issueTitle>DJIA MINI e-CBOT SEP 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="DMU5I25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-19</expDate>
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            <curCd>USD</curCd>
            <unrealizedAppr>63695.700000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>EURO-SCHATZ SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000F1NGF79"/>
          <ticker value="DUU5"/>
          <other otherDesc="Internal Id" value="DUU5C25"/>
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        <balance>390.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.854773912"/>
        <valUSD>3525.120000000000</valUSD>
        <pctVal>0.0006884305</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>EURO-SCHATZ SEP 25</issuerName>
                <issueTitle>EURO-SCHATZ SEP 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="DUU5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-08</expDate>
            <notionalAmt>41750534.49</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>3525.120000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>S&amp;P500 EMINI SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="ESU5"/>
          <other otherDesc="Internal Id" value="ESU5I25"/>
        </identifiers>
        <balance>6.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>91072.760000000000</valUSD>
        <pctVal>0.0177858541</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>S&amp;P500 EMINI SEP 25</issuerName>
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                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="ESU5I25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-19</expDate>
            <notionalAmt>1850752.24</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>91072.760000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>NATURAL GAS OCT 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="NGV25"/>
          <other otherDesc="Internal Id" value="NGV25C25"/>
        </identifiers>
        <balance>-15.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-14373.910000000000</valUSD>
        <pctVal>-0.0028071211</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>NATURAL GAS OCT 25</issuerName>
                <issueTitle>NATURAL GAS OCT 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="NGV25C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-26</expDate>
            <notionalAmt>-435176.09</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-14373.910000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>NATURAL GAS OCT 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="NGV25"/>
          <other otherDesc="Internal Id" value="NGV25C25"/>
        </identifiers>
        <balance>-91.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-94828.370000000000</valUSD>
        <pctVal>-0.0185192977</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>NATURAL GAS OCT 25</issuerName>
                <issueTitle>NATURAL GAS OCT 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="NGV25C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-26</expDate>
            <notionalAmt>-2632441.63</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-94828.370000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>S&amp;P500 EMINI SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="ESU5"/>
          <other otherDesc="Internal Id" value="ESU5I25"/>
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        <balance>51.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>658885.450000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>S&amp;P500 EMINI SEP 25</issuerName>
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                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="ESU5I25"/>
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              </otherRefInst>
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            <expDate>2025-09-19</expDate>
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            <curCd>USD</curCd>
            <unrealizedAppr>658885.450000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>S&amp;P500 EMINI SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="ESU5"/>
          <other otherDesc="Internal Id" value="ESU5I25"/>
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        <balance>-30.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-44645.280000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>S&amp;P500 EMINI SEP 25</issuerName>
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            <notionalAmt>-9664479.72</notionalAmt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>S&amp;P MID 400 EMINI SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="FAU5"/>
          <other otherDesc="Internal Id" value="FAU5I25"/>
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        <balance>4.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>44909.240000000000</valUSD>
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        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>S&amp;P MID 400 EMINI SEP 25</issuerName>
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            <expDate>2025-09-19</expDate>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>CATTLE FEEDER OCT 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="FCV5"/>
          <other otherDesc="Internal Id" value="FCV5C25"/>
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        <balance>24.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>502035.490000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>CATTLE FEEDER OCT 25</issuerName>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US 5YR NOTE DEC 25</title>
        <cusip>000000000</cusip>
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          <ticker value="FVZ5"/>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>JPMorgan</counterpartyName>
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                <issuerName>US 5YR NOTE DEC 25</issuerName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>NATURAL GAS NOV 25</title>
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        <identifiers>
          <ticker value="NGX25"/>
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        <balance>-784.000000000000</balance>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>NATURAL GAS NOV 25</issuerName>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <ticker value="NGX25"/>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
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                <issuerName>NATURAL GAS NOV 25</issuerName>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
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        <cusip>000000000</cusip>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Morgan Stanley</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
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                <issuerName>YEN DENOM NIKKEI 225 (CME) SEP 25</issuerName>
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                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="NHU5I25"/>
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            <expDate>2025-09-12</expDate>
            <notionalAmt>-21772136.00</notionalAmt>
            <curCd>JPY</curCd>
            <unrealizedAppr>4961.210000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>EURO-BOBL SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE000F1NGF61"/>
          <ticker value="OEU5"/>
          <other otherDesc="Internal Id" value="OEU5C25"/>
        </identifiers>
        <balance>59.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.854773912"/>
        <valUSD>-4426.450000000000</valUSD>
        <pctVal>-0.0008644538</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>EURO-BOBL SEP 25</issuerName>
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                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="OEU5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-08</expDate>
            <notionalAmt>6933923.61</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-4426.450000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>PALLADIUM DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="PAZ5"/>
          <other otherDesc="Internal Id" value="PAZ5C25"/>
        </identifiers>
        <balance>2.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-27.770000000000</valUSD>
        <pctVal>-0.0000054233</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>PALLADIUM DEC 25</issuerName>
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              </otherRefInst>
            </descRefInstrmnt>
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            <notionalAmt>224827.77</notionalAmt>
            <curCd>USD</curCd>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>PLATINUM OCT 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="PLV5C25"/>
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        <balance>-3.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-6323.980000000000</valUSD>
        <pctVal>-0.0012350277</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>PLATINUM OCT 25</issuerName>
                <issueTitle>PLATINUM OCT 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="PLV5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-10-29</expDate>
            <notionalAmt>-199251.02</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-6323.980000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>S&amp;P/TSE 60 INDEX SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="PTU5"/>
          <other otherDesc="Internal Id" value="PTU5I25"/>
        </identifiers>
        <balance>38.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CAD" exchangeRt="1.373350000"/>
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        <pctVal>0.1235192221</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>S&amp;P/TSE 60 INDEX SEP 25</issuerName>
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                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="PTU5I25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-18</expDate>
            <notionalAmt>12019714.32</notionalAmt>
            <curCd>CAD</curCd>
            <unrealizedAppr>632482.220000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>S&amp;P/TSE 60 INDEX SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="PTU5"/>
          <other otherDesc="Internal Id" value="PTU5I25"/>
        </identifiers>
        <balance>28.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CAD" exchangeRt="1.373350000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>S&amp;P/TSE 60 INDEX SEP 25</issuerName>
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                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="PTU5I25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-18</expDate>
            <notionalAmt>9126873.24</notionalAmt>
            <curCd>CAD</curCd>
            <unrealizedAppr>267980.690000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>S&amp;P/TSE 60 INDEX SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="PTU5"/>
          <other otherDesc="Internal Id" value="PTU5I25"/>
        </identifiers>
        <balance>-16.000000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.373350000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>S&amp;P/TSE 60 INDEX SEP 25</issuerName>
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                  <cusip value="000000000"/>
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            </descRefInstrmnt>
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            <unrealizedAppr>-122497.950000000000</unrealizedAppr>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>OMXS30 INDEX SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0021369568"/>
          <ticker value="QCU5"/>
          <other otherDesc="Internal Id" value="QCU5I25"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>OMXS30 INDEX SEP 25</issuerName>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>FTSE/MIB INDEX SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0022727843"/>
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          <other otherDesc="Internal Id" value="STU5I25"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.854773912"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Morgan Stanley</counterpartyName>
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            <payOffProf>Short</payOffProf>
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            <notionalAmt>-2040278.50</notionalAmt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley International</name>
        <lei>4PQUHN3JPFGFNF3BB653</lei>
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          <ticker value="SYNBZV5"/>
          <other otherDesc="Internal Id" value="SYNBZV52"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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                    <lei>9R7GPTSO7KV3UQJZQ078</lei>
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                    <balance>N/A</balance>
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                    <curCd>N/A</curCd>
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                  <payOffProf>Long</payOffProf>
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            <swapFlag>Y</swapFlag>
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            <otherPmntDesc fixedOrFloating="Other">Depreciation on SYN BOVESPA (IBOVESPA) INDEX OCT 2</otherPmntDesc>
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            <upfrontRcpt>0.000000000000</upfrontRcpt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs International</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                  <payOffProf>Long</payOffProf>
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                      <issuerName>SYN TAIEX SEP 25</issuerName>
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            <otherPmntDesc fixedOrFloating="Other">Depreciation on SYN TAIEX SEP 25</otherPmntDesc>
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      <invstOrSec>
        <name>Morgan Stanley International</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                  <derivAddlInfo>
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                    <curCd>N/A</curCd>
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                  <payOffProf>Long</payOffProf>
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                      <issuerName>SYN KOSPI2 INDEX SEP 25</issuerName>
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            <swapFlag>Y</swapFlag>
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            <otherPmntDesc fixedOrFloating="Other">Depreciation on SYN KOSPI2 INDEX SEP 25</otherPmntDesc>
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      <invstOrSec>
        <name>Goldman Sachs International</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>Goldman Sachs International</counterpartyName>
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                  <derivAddlInfo>
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                    <lei>FOR8UP27PHTHYVLBNG30</lei>
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                    <balance>N/A</balance>
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                    <curCd>N/A</curCd>
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                    <issuerCat>CORP</issuerCat>
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                  <payOffProf>Short</payOffProf>
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            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Depreciation on SYN WIG20(PLN20) INDEX SEP 25</otherRecDesc>
            <otherPmntDesc fixedOrFloating="Other">Appreciation on SYN WIG20(PLN20) INDEX SEP 25</otherPmntDesc>
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            <rcptCurCd>USD</rcptCurCd>
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            <unrealizedAppr>48852.830000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley International</name>
        <lei>4PQUHN3JPFGFNF3BB653</lei>
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          <ticker value="SYNSMU5"/>
          <other otherDesc="Internal Id" value="SYNSMU52"/>
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        <balance>-37.000000000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.800150000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>Morgan Stanley International</counterpartyName>
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            <descRefInstrmnt>
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                  <derivAddlInfo>
                    <name>SYN SWISS MKT IX SEP 25</name>
                    <lei>9R7GPTSO7KV3UQJZQ078</lei>
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                    <cusip>000000000</cusip>
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                    <balance>N/A</balance>
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                    <curCd>N/A</curCd>
                    <valUSD>N/A</valUSD>
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                    <assetCat>DE</assetCat>
                    <issuerCat>CORP</issuerCat>
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                  <payOffProf>Short</payOffProf>
                  <descRefInstrmnt>
                    <otherRefInst>
                      <issuerName>SYN SWISS MKT IX SEP 25</issuerName>
                      <issueTitle>SYN SWISS MKT IX SEP 25</issueTitle>
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                        <other otherDesc="Contract Identifier" value="SYNSMU52"/>
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                  </descRefInstrmnt>
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                  <notionalAmt>-4537680.00</notionalAmt>
                  <curCd>CHF</curCd>
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              </nestedDerivInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
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            <otherPmntDesc fixedOrFloating="Other">Appreciation on SYN SWISS MKT IX SEP 25</otherPmntDesc>
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            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
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            <curCd>CHF</curCd>
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        </derivativeInfo>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <identifiers>
          <ticker value="TPU5"/>
          <other otherDesc="Internal Id" value="TPU5I25"/>
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        <balance>7.000000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="146.955000000"/>
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        <assetCat>DE</assetCat>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <cusip>000000000</cusip>
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          <other otherDesc="Internal Id" value="TPU5I25"/>
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        <derivativeInfo>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="TPU5"/>
          <other otherDesc="Internal Id" value="TPU5I25"/>
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        <currencyConditional curCd="JPY" exchangeRt="146.955000000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <derivativeInfo>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>FTSE TAIWAN SEP 25</title>
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        <identifiers>
          <isin value="SGXDB1008778"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>JPMorgan</name>
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        <name>Citi</name>
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        <name>HSBC</name>
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        <name>HSBC</name>
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      <invstOrSec>
        <name>HSBC</name>
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        <derivativeInfo>
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        <name>UBS</name>
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        <name>UBS</name>
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        <name>JPMorgan</name>
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        <name>JPMorgan</name>
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        <fairValLevel>1</fairValLevel>
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        <name>COLT MORTGAGE LOAN TRUST COLT_21-3</name>
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          <isin value="US19688FAE51"/>
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        <fairValLevel>2</fairValLevel>
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        <name>COLT MORTGAGE LOAN TRUST COLT_21-4</name>
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          <isin value="US19688GAE35"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <assetCat>DFE</assetCat>
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        <name>JPMorgan</name>
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        <name>CONNECTICUT AVENUE SECURITIES TRUST CAS_21-R03</name>
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          <isin value="US20754AAJ25"/>
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        <name>FANNIE MAE CONNECTICUT AVENUE SECURITIES TRUST CAS_21-R02</name>
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        <name>COLT FUNDING LLC COLT_20-2</name>
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      <invstOrSec>
        <name>COLT MORTGAGE LOAN TRUST COLT_23-1</name>
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        <name>FANNIE MAE CONNECTICUT AVENUE SECURITIES TRUST CAS_22-R01</name>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2</name>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-164</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-175</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>EDGEX ISSUER TRUST EDGEX_25-1</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>EDGEX ISSUER TRUST EDGEX_25-1</name>
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          <isin value="US280579AB97"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-7</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-191</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>ELMWOOD CLO VIII LTD ELMW8_21-1A</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EXETER AUTOMOBILE RECEIVABLES TRUST EART_21-2A</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-24</name>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-25</name>
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        <name>FIGRE TRUST FIGRE_25-HE1</name>
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        <name>FEDERAL HOME LOAN MORTGAGE CORPORATION</name>
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        <name>FEDERAL HOME LOAN MORTGAGE CORPORATION</name>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-42</name>
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      <invstOrSec>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_13-101</name>
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          <isin value="US3136AGZK16"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-92</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-119</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-96</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-103</name>
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          <other otherDesc="Internal Id" value="38381XW44"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_19-120</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-97</name>
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          <other otherDesc="Internal Id" value="38382VEF2"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-122</name>
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          <other otherDesc="Internal Id" value="38382WAQ0"/>
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        <valUSD>429761.490000000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <name>Wells Fargo</name>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-3</name>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-117</name>
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        <securityLending>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-78</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-104</name>
        <lei>N/A</lei>
        <title>GNMA_20-104</title>
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          <isin value="US38382HGQ74"/>
          <other otherDesc="Internal Id" value="38382HGQ7"/>
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        <curCd>USD</curCd>
        <valUSD>141896.620000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-158</name>
        <lei>N/A</lei>
        <title>GNMA_21-158</title>
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          <isin value="US38382X7G48"/>
          <other otherDesc="Internal Id" value="38382X7G4"/>
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        <curCd>USD</curCd>
        <valUSD>332559.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-161</name>
        <lei>N/A</lei>
        <title>GNMA_21-161</title>
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          <isin value="US38383A6U39"/>
          <other otherDesc="Internal Id" value="38383A6U3"/>
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        <curCd>USD</curCd>
        <valUSD>410606.980000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>1.845100000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_20-138</name>
        <lei>N/A</lei>
        <title>GNMA_20-138</title>
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        <identifiers>
          <isin value="US38382J3F18"/>
          <other otherDesc="Internal Id" value="38382J3F1"/>
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        <balance>3855391.860000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>567751.950000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_22-168</name>
        <lei>N/A</lei>
        <title>GNMA_22-168</title>
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        <identifiers>
          <isin value="US38383YZB19"/>
          <other otherDesc="Internal Id" value="38383YZB1"/>
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        <balance>3977062.790000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>394980.800000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.655000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-66</name>
        <lei>N/A</lei>
        <title>GNMA_23-66</title>
        <cusip>38384AQY2</cusip>
        <identifiers>
          <isin value="US38384AQY28"/>
          <other otherDesc="Internal Id" value="38384AQY2"/>
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        <balance>4458237.090000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>214421.140000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.055000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-66</name>
        <lei>N/A</lei>
        <title>GNMA_23-66</title>
        <cusip>38384ARD7</cusip>
        <identifiers>
          <isin value="US38384ARD71"/>
          <other otherDesc="Internal Id" value="38384ARD7"/>
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        <balance>1688167.120000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>160656.620000000000</valUSD>
        <pctVal>0.0313750808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.805000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATiON GNMA_23-115</name>
        <lei>N/A</lei>
        <title>GNMA_23-115</title>
        <cusip>38384CL56</cusip>
        <identifiers>
          <isin value="US38384CL569"/>
          <other otherDesc="Internal Id" value="38384CL56"/>
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        <balance>3428725.020000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>211851.660000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.555000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-113</name>
        <lei>N/A</lei>
        <title>GNMA_23-113</title>
        <cusip>38384CVG1</cusip>
        <identifiers>
          <isin value="US38384CVG13"/>
          <other otherDesc="Internal Id" value="38384CVG1"/>
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        <balance>1304535.650000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>94798.910000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.385000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-141</name>
        <lei>N/A</lei>
        <title>GNMA_23-141</title>
        <cusip>38384EE68</cusip>
        <identifiers>
          <isin value="US38384EE685"/>
          <other otherDesc="Internal Id" value="38384EE68"/>
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        <balance>2453364.570000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>272674.540000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>1.595100000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_23-173</name>
        <lei>N/A</lei>
        <title>GNMA_23-173</title>
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        <identifiers>
          <isin value="US38384GBQ29"/>
          <other otherDesc="Internal Id" value="38384GBQ2"/>
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        <balance>5007219.560000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>381433.960000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>1.305000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-51</name>
        <lei>N/A</lei>
        <title>GNMA_24-51</title>
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        <identifiers>
          <isin value="US38384KWT41"/>
          <other otherDesc="Internal Id" value="38384KWT4"/>
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        <balance>2777733.300000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>171203.370000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>1.055000000000</annualizedRt>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-64</name>
        <lei>N/A</lei>
        <title>GNMA_24-64</title>
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          <isin value="US38384MJC29"/>
          <other otherDesc="Internal Id" value="38384MJC2"/>
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        <balance>3353016.640000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>201086.110000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>1.055000000000</annualizedRt>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-79</name>
        <lei>N/A</lei>
        <title>GNMA_24-79</title>
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        <identifiers>
          <isin value="US38384PDH01"/>
          <other otherDesc="Internal Id" value="38384PDH0"/>
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        <balance>1541017.290000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>237353.180000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.905000000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_24-97</name>
        <lei>N/A</lei>
        <title>GNMA_24-97</title>
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        <identifiers>
          <isin value="US38384PRM40"/>
          <other otherDesc="Internal Id" value="38384PRM4"/>
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        <balance>1933535.960000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>297052.420000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.955000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_25-39</name>
        <lei>N/A</lei>
        <title>GNMA_25-39</title>
        <cusip>38385EZR8</cusip>
        <identifiers>
          <isin value="US38385EZR88"/>
          <other otherDesc="Internal Id" value="38385EZR8"/>
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        <balance>587725.080000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>601234.530000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.280900000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HTAP HTAP_24-1</name>
        <lei>N/A</lei>
        <title>HTAP_24-2</title>
        <cusip>40444WAA7</cusip>
        <identifiers>
          <isin value="US40444WAA71"/>
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      <invstOrSec>
        <name>HOME PARTNERS OF AMERICA TRUST HPA_19-2</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>RR LTD RRAM_21-16A</name>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RCO MORTGAGE LLC RCO_25-1</name>
        <lei>N/A</lei>
        <title>RCO_25-1</title>
        <cusip>75523XAB3</cusip>
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          <isin value="US75523XAB38"/>
          <other otherDesc="Internal Id" value="75523XAB3"/>
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        <balance>500000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>502730.150000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.353000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RESEARCH-DRIVEN PAGAYA MOTOR ASSET TRUST I RPM_21-2A</name>
        <lei>N/A</lei>
        <title>RPM_21-2A</title>
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        <identifiers>
          <isin value="US76088LAA61"/>
          <other otherDesc="Internal Id" value="76088LAA6"/>
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        <balance>198037.500000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>194163.150000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.650000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAIF SECURITIZATION TRUST SAIF_25-CES1</name>
        <lei>N/A</lei>
        <title>SAIF_25-CES1</title>
        <cusip>78438CAD3</cusip>
        <identifiers>
          <isin value="US78438CAD39"/>
          <other otherDesc="Internal Id" value="78438CAD3"/>
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        <balance>142780.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>143068.040000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.240000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAFCO AUTO RECEIVABLES TRUST SAFCO_24-1</name>
        <lei>N/A</lei>
        <title>SAFCO_24-1A</title>
        <cusip>78637EAA4</cusip>
        <identifiers>
          <isin value="US78637EAA47"/>
          <other otherDesc="Internal Id" value="78637EAA4"/>
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        <balance>36715.530000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36762.800000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.510000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SALUDA GRADE ALTERNATIVE MORTGAGE TRUST GRADE_24-CES1</name>
        <lei>N/A</lei>
        <title>GRADE_24-CES1</title>
        <cusip>79581VAE2</cusip>
        <identifiers>
          <isin value="US79581VAE20"/>
          <other otherDesc="Internal Id" value="79581VAE2"/>
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        <balance>690000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>704860.740000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.243000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SALUDA GRADE ALTERNATIVE MORTGAGE TRUST GRADE_23-FIG3</name>
        <lei>N/A</lei>
        <title>GRADE_23-FIG3</title>
        <cusip>79582AAD9</cusip>
        <identifiers>
          <isin value="US79582AAD90"/>
          <other otherDesc="Internal Id" value="79582AAD9"/>
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        <balance>504081.050000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>747715.020000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.990300000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SALUDA GRADE ALTERNATIVE MORTGAGE TRUST GRADE_22-INV1</name>
        <lei>N/A</lei>
        <title>GRADE_22-INV1</title>
        <cusip>79583VAE0</cusip>
        <identifiers>
          <isin value="US79583VAE02"/>
          <other otherDesc="Internal Id" value="79583VAE0"/>
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        <balance>400000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>313803.360000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.143400000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SALUDA GRADE ALTERNATIVE MORTGAGE TRUST GRADE_22-INV1</name>
        <lei>N/A</lei>
        <title>GRADE_22-INV1</title>
        <cusip>79583VAF7</cusip>
        <identifiers>
          <isin value="US79583VAF76"/>
          <other otherDesc="Internal Id" value="79583VAF7"/>
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        <balance>400000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>287869.360000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.143400000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-156</name>
        <lei>N/A</lei>
        <title>GNMA_21-156</title>
        <cusip>38383ANE0</cusip>
        <identifiers>
          <isin value="US38383ANE00"/>
          <other otherDesc="Internal Id" value="38383ANE0"/>
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        <balance>3003583.110000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>416177.680000000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>1.845100000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-160</name>
        <lei>N/A</lei>
        <title>GNMA_21-160</title>
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          <isin value="US38383AUH57"/>
          <other otherDesc="Internal Id" value="38383AUH5"/>
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        <balance>4989750.160000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29065.290000000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>STARWOOD MORTGAGE RESIDENTIAL TRUST STAR_21-3</name>
        <lei>N/A</lei>
        <title>STAR_21-3</title>
        <cusip>85573JAA4</cusip>
        <identifiers>
          <isin value="US85573JAA43"/>
          <other otherDesc="Internal Id" value="85573JAA4"/>
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        <balance>217755.630000000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_5105</name>
        <lei>N/A</lei>
        <title>FHLMC_5105</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_5138</name>
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        <title>FHLMC_5138</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_5183</name>
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        <title>FHLMC_5183</title>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORPORATION FHLMC_5513</name>
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        <title>FHLMC_5513</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORPORATION</name>
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        <title>FHLMC_5542</title>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FHLMC_5548</name>
        <lei>N/A</lei>
        <title>FHLMC_5548</title>
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        <name>AJAX MORTGAGE LOAN TRUST AJAXM_21-C</name>
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        <name>JPMorgan</name>
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        <name>AJAX MORTGAGE LOAN TRUST AJAXM_21-E</name>
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      <invstOrSec>
        <name>UMBS</name>
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        <securityLending>
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        <name>JPMorgan</name>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <name>JPMorgan</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Goldman Sachs International</name>
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        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>Goldman Sachs International</counterpartyName>
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            <descRefInstrmnt>
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            <swapFlag>Y</swapFlag>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs International</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
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        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>Goldman Sachs International</counterpartyName>
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            <descRefInstrmnt>
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            <swapFlag>Y</swapFlag>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>JPMorgan</counterpartyName>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>CANADIAN DOLLAR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTCAD"/>
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        <curCd>N/A</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>JPMorgan</counterpartyName>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>SWISS FRANC</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Id" value="CCTCHF"/>
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        <balance>8736737.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>JPMorgan</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <units>OU</units>
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        <curCd>N/A</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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        <identifiers>
          <other otherDesc="Internal Id" value="BAXED8JN9"/>
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        <balance>15000000.000000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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            <writtenOrPur>Purchased</writtenOrPur>
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                    <name>CITIBANK NA</name>
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                    <balance>N/A</balance>
                    <units>OU</units>
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                    <curCd>N/A</curCd>
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                    <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <identifiers>
          <other otherDesc="Internal Id" value="BAXEDV685"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>JPMorgan</counterpartyName>
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                <indexName>ASX Australian Bank Bill Short Term Rates 3 Month Mid</indexName>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <ticker value="KCH6"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>726120.720000000000</valUSD>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
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                <issuerName>COFFEE MAR 26</issuerName>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>FSWP: AUD 3.000000 09-SEP-2027 AUD</title>
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        <identifiers>
          <other otherDesc="Internal Id" value="BAXEDV685"/>
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        <balance>5400000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <currencyConditional curCd="AUD" exchangeRt="1.528000611"/>
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        <pctVal>0.0032807178</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>ASX Australian Bank Bill Short Term Rates 3 Month Mid</indexName>
                <indexIdentifier>CT1622425</indexIdentifier>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="AUDBBRBBSW3M" floatingRtSpread="0.000000000000" pmntAmt="0.000000000000">
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            <curCd>AUD</curCd>
            <unrealizedAppr>-2021.800000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>OTC (GENERIC) 0 YEAR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="BAXEFAY39"/>
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        <balance>2908000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>16914.380000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
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                <swapDeriv derivCat="SWP">
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                    <counterpartyName>Citi</counterpartyName>
                    <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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                  <derivAddlInfo>
                    <name>CITIBANK NA</name>
                    <lei>MBNUM2BPBDO7JBLYG310</lei>
                    <title>FSWP: OIS 3.800000 31-OCT-2055 SOF</title>
                    <cusip>000000000</cusip>
                    <identifiers>
                      <other otherDesc="Internal Id" value="BAXEFAYL9"/>
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                    <balance>N/A</balance>
                    <units>OU</units>
                    <descOthUnits>Notional</descOthUnits>
                    <curCd>N/A</curCd>
                    <valUSD>N/A</valUSD>
                    <pctVal>0.000000000000</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
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                  <descRefInstrmnt>
                    <indexBasketInfo>
                      <indexName>United States SOFR Secured Overnight Financing Rate</indexName>
                      <indexIdentifier>CT1403743</indexIdentifier>
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                  <fixedRecDesc amount="N/A" curCd="N/A" fixedOrFloating="Fixed" fixedRt="3.800000000000"/>
                  <floatingPmntDesc curCd="N/A" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0.000000000000" pmntAmt="N/A">
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                  <terminationDt>2055-10-31</terminationDt>
                  <upfrontPmnt>N/A</upfrontPmnt>
                  <pmntCurCd>N/A</pmntCurCd>
                  <upfrontRcpt>N/A</upfrontRcpt>
                  <rcptCurCd>N/A</rcptCurCd>
                  <notionalAmt>2908000.00</notionalAmt>
                  <curCd>USD</curCd>
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              </nestedDerivInfo>
            </descRefInstrmnt>
            <principalAmt>2908000.000000000000000</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>3.800000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>-125577.620000000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>SOYBEAN MEAL (CBT) MAY 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="SMK6"/>
          <other otherDesc="Internal Id" value="SMK6C26"/>
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        <balance>25.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>11982.920000000000</valUSD>
        <pctVal>0.0023401780</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>SOYBEAN MEAL (CBT) MAY 26</issuerName>
                <issueTitle>SOYBEAN MEAL (CBT) MAY 26</issueTitle>
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                  <cusip value="000000000"/>
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            </descRefInstrmnt>
            <expDate>2026-05-14</expDate>
            <notionalAmt>749267.08</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>11982.920000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>SOYBEAN MEAL (CBT) MAY 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="SMK6"/>
          <other otherDesc="Internal Id" value="SMK6C26"/>
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        <balance>27.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-4800.840000000000</valUSD>
        <pctVal>-0.0009375695</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>SOYBEAN MEAL (CBT) MAY 26</issuerName>
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            <expDate>2026-05-14</expDate>
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            <curCd>USD</curCd>
            <unrealizedAppr>-4800.840000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>LEAN HOGS APR 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="LHJ6"/>
          <other otherDesc="Internal Id" value="LHJ6C26"/>
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        <balance>52.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>71593.610000000000</valUSD>
        <pctVal>0.0139817164</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>LEAN HOGS APR 26</issuerName>
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            <expDate>2026-04-15</expDate>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>LEAN HOGS OCT 25</title>
        <cusip>000000000</cusip>
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          <ticker value="LHV5"/>
          <other otherDesc="Internal Id" value="LHV5C25"/>
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        <balance>1.000000000000</balance>
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        <valUSD>2377.650000000000</valUSD>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>LEAN HOGS OCT 25</issuerName>
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        <securityLending>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
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          <other otherDesc="Internal Id" value="BAXEFLMN4"/>
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        <descOthUnits>Notional Amount</descOthUnits>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>Morgan Stanley</counterpartyName>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>NZD - 3M NEW ZEALAND BANK BILL RATE</indexName>
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            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="293386.40" curCd="USD" fixedOrFloating="Fixed" fixedRt="3.940000000000"/>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>OTC (GENERIC) 0 YEAR</title>
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        <identifiers>
          <other otherDesc="Internal Id" value="BAXEGHQY4"/>
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        <balance>22000000.000000000000</balance>
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        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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              <counterpartyName>Citi</counterpartyName>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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                  <derivAddlInfo>
                    <name>CITIBANK NA</name>
                    <lei>MBNUM2BPBDO7JBLYG310</lei>
                    <title>FSWP: OIS 4.000000 13-NOV-2030 SOF</title>
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                    <identifiers>
                      <other otherDesc="Internal Id" value="BAXEGHRC1"/>
                    </identifiers>
                    <balance>N/A</balance>
                    <units>OU</units>
                    <descOthUnits>Notional</descOthUnits>
                    <curCd>N/A</curCd>
                    <valUSD>N/A</valUSD>
                    <pctVal>0.000000000000</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                  </derivAddlInfo>
                  <descRefInstrmnt>
                    <indexBasketInfo>
                      <indexName>United States SOFR Secured Overnight Financing Rate</indexName>
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                  <floatingRecDesc curCd="N/A" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0.000000000000" pmntAmt="N/A">
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                  <fixedPmntDesc amount="N/A" curCd="N/A" fixedOrFloating="Fixed" fixedRt="4.000000000000"/>
                  <terminationDt>2030-11-13</terminationDt>
                  <upfrontPmnt>N/A</upfrontPmnt>
                  <pmntCurCd>N/A</pmntCurCd>
                  <upfrontRcpt>N/A</upfrontRcpt>
                  <rcptCurCd>N/A</rcptCurCd>
                  <notionalAmt>22000000.00</notionalAmt>
                  <curCd>USD</curCd>
                </swapDeriv>
              </nestedDerivInfo>
            </descRefInstrmnt>
            <principalAmt>22000000.000000000000000</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>4.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-11-10</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-146500.200000000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>LEAN HOGS OCT 25</title>
        <cusip>000000000</cusip>
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          <ticker value="LHV5"/>
          <other otherDesc="Internal Id" value="LHV5C25"/>
        </identifiers>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-52375.960000000000</valUSD>
        <pctVal>-0.0102286477</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LEAN HOGS OCT 25</issuerName>
                <issueTitle>LEAN HOGS OCT 25</issueTitle>
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                  <other otherDesc="Contract Identifier" value="LHV5C25"/>
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            <expDate>2025-10-14</expDate>
            <notionalAmt>-1125934.04</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-52375.960000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>LEAN HOGS OCT 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="LHV5"/>
          <other otherDesc="Internal Id" value="LHV5C25"/>
        </identifiers>
        <balance>-22.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-43136.010000000000</valUSD>
        <pctVal>-0.0084241521</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
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                <issuerName>LEAN HOGS OCT 25</issuerName>
                <issueTitle>LEAN HOGS OCT 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="LHV5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-10-14</expDate>
            <notionalAmt>-793083.99</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-43136.010000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>OTC (GENERIC) 1 YEAR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="BAXEH8G08"/>
        </identifiers>
        <balance>10000000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>255137.000000000000</valUSD>
        <pctVal>0.0498264185</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
                  <counterparties>
                    <counterpartyName>Morgan Stanley</counterpartyName>
                    <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
                  </counterparties>
                  <derivAddlInfo>
                    <name>MORGAN STANLEY CAPITAL SERVICES</name>
                    <lei>9R7GPTSO7KV3UQJZQ078</lei>
                    <title>FSWP: OIS 3.750000 18-MAY-2031 SOF</title>
                    <cusip>000000000</cusip>
                    <identifiers>
                      <other otherDesc="Internal Id" value="BAXEH8NL4"/>
                    </identifiers>
                    <balance>N/A</balance>
                    <units>OU</units>
                    <descOthUnits>Notional</descOthUnits>
                    <curCd>N/A</curCd>
                    <valUSD>N/A</valUSD>
                    <pctVal>0.000000000000</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                  </derivAddlInfo>
                  <descRefInstrmnt>
                    <indexBasketInfo>
                      <indexName>United States SOFR Secured Overnight Financing Rate</indexName>
                      <indexIdentifier>CT1403743</indexIdentifier>
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                  </descRefInstrmnt>
                  <fixedRecDesc amount="N/A" curCd="N/A" fixedOrFloating="Fixed" fixedRt="3.750000000000"/>
                  <floatingPmntDesc curCd="N/A" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0.000000000000" pmntAmt="N/A">
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                      <rtResetTenor rateTenor="Month" rateTenorUnit="12" resetDt="Day" resetDtUnit="1"/>
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                  </floatingPmntDesc>
                  <terminationDt>2031-05-18</terminationDt>
                  <upfrontPmnt>N/A</upfrontPmnt>
                  <pmntCurCd>N/A</pmntCurCd>
                  <upfrontRcpt>N/A</upfrontRcpt>
                  <rcptCurCd>N/A</rcptCurCd>
                  <notionalAmt>10000000.00</notionalAmt>
                  <curCd>USD</curCd>
                </swapDeriv>
              </nestedDerivInfo>
            </descRefInstrmnt>
            <principalAmt>10000000.000000000000000</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>3.750000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-05-14</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>64137.000000000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>FSWP: SEK 2.000000 15-SEP-2027 3M</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="BAXEJ76R0"/>
        </identifiers>
        <balance>363100000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <currencyConditional curCd="SEK" exchangeRt="9.464500000"/>
        <valUSD>14087.030000000000</valUSD>
        <pctVal>0.0027510955</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Stockholm Interbank Offered Ra</indexName>
                <indexIdentifier>STIB3MIN4</indexIdentifier>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00" curCd="USD" fixedOrFloating="Fixed" fixedRt="2.000000000000"/>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="3M STIBOR" floatingRtSpread="0.000000000000" pmntAmt="0.000000000000">
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                <rtResetTenor rateTenor="Month" rateTenorUnit="3" resetDt="Month" resetDtUnit="3"/>
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            <terminationDt>2027-09-15</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>-50999.030000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
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            <curCd>SEK</curCd>
            <unrealizedAppr>65086.060000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>LEAN HOGS DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="LHZ5"/>
          <other otherDesc="Internal Id" value="LHZ5C25"/>
        </identifiers>
        <balance>28.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>116242.100000000000</valUSD>
        <pctVal>0.0227012449</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LEAN HOGS DEC 25</issuerName>
                <issueTitle>LEAN HOGS DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="LHZ5C25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-12</expDate>
            <notionalAmt>862637.90</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>116242.100000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>LME LEAD JAN 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00H24J4P38"/>
          <ticker value="LLF6"/>
          <other otherDesc="Internal Id" value="LLF6C26"/>
        </identifiers>
        <balance>9.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-2547.200000000000</valUSD>
        <pctVal>-0.0004974498</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LME LEAD JAN 26</issuerName>
                <issueTitle>LME LEAD JAN 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="LLF6C26"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-01-20</expDate>
            <notionalAmt>454637.45</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-2547.200000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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        <identifiers>
          <other otherDesc="Internal Id" value="BAXEJFCA2"/>
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        <balance>10000000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
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                  <derivAddlInfo>
                    <name>CITIBANK NA</name>
                    <lei>MBNUM2BPBDO7JBLYG310</lei>
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                      <other otherDesc="Internal Id" value="BAXEJG013"/>
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                    <balance>N/A</balance>
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                    <valUSD>N/A</valUSD>
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                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
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                  <descRefInstrmnt>
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                  <floatingRecDesc curCd="N/A" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0.000000000000" pmntAmt="N/A">
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                  <fixedPmntDesc amount="N/A" curCd="N/A" fixedOrFloating="Fixed" fixedRt="4.000000000000"/>
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                  <pmntCurCd>N/A</pmntCurCd>
                  <upfrontRcpt>N/A</upfrontRcpt>
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            <delta>XXXX</delta>
            <unrealizedAppr>-85609.000000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
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          <other otherDesc="Internal Id" value="BAXEKT2R4"/>
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        <payoffProfile>N/A</payoffProfile>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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                  <derivAddlInfo>
                    <name>MORGAN STANLEY CAPITAL SERVICES</name>
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                    <balance>N/A</balance>
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                    <assetCat>DIR</assetCat>
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                  <descRefInstrmnt>
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                  <rcptCurCd>N/A</rcptCurCd>
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            <exercisePriceCurCd>USD</exercisePriceCurCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>-123132.000000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <isin value="GB00H24LLR01"/>
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        <curCd>USD</curCd>
        <valUSD>-13378.900000000000</valUSD>
        <pctVal>-0.0026128028</pctVal>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>LME LEAD MAR 26</issuerName>
                <issueTitle>LME LEAD MAR 26</issueTitle>
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                  <cusip value="000000000"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-03-17</expDate>
            <notionalAmt>873914.65</notionalAmt>
            <curCd>USD</curCd>
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        </derivativeInfo>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>LME LEAD MAY 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00H24P1Q11"/>
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          <other otherDesc="Internal Id" value="LLK6C26"/>
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        <balance>9.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-3718.550000000000</valUSD>
        <pctVal>-0.0007262060</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>LME LEAD MAY 26</issuerName>
                <issueTitle>LME LEAD MAY 26</issueTitle>
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                  <cusip value="000000000"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-05-19</expDate>
            <notionalAmt>462333.80</notionalAmt>
            <curCd>USD</curCd>
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          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>FSWP: SEK 2.000000 15-DEC-2027 3M</title>
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          <other otherDesc="Internal Id" value="BAXEL0GX8"/>
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        <balance>440100000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <currencyConditional curCd="SEK" exchangeRt="9.464500000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Stockholm Interbank Offered Ra</indexName>
                <indexIdentifier>STIB3MIN4</indexIdentifier>
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            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00" curCd="USD" fixedOrFloating="Fixed" fixedRt="2.000000000000"/>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="3M STIBOR" floatingRtSpread="0.000000000000" pmntAmt="0.000000000000">
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            <terminationDt>2027-12-15</terminationDt>
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            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>-32575.660000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
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            <curCd>SEK</curCd>
            <unrealizedAppr>41847.320000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>FSWP: SEK 2.500000 19-SEP-2035 3M</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="BAXEN7FW4"/>
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        <balance>6200000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <currencyConditional curCd="SEK" exchangeRt="9.464500000"/>
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        <pctVal>0.0019857254</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Stockholm Interbank Offered Ra</indexName>
                <indexIdentifier>STIB3MIN4</indexIdentifier>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="3M STIBOR" floatingRtSpread="0.000000000000" pmntAmt="0.000000000000">
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            </floatingRecDesc>
            <fixedPmntDesc amount="0.00" curCd="USD" fixedOrFloating="Fixed" fixedRt="2.500000000000"/>
            <terminationDt>2035-09-19</terminationDt>
            <upfrontPmnt>10231.500000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>6200000.00</notionalAmt>
            <curCd>SEK</curCd>
            <unrealizedAppr>-63.560000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>FSWP: OIS 4.000000 15-DEC-2055 SOF</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="BAXENERZ9"/>
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        <balance>1400000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>United States SOFR Secured Overnight Financing Rate</indexName>
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            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00" curCd="USD" fixedOrFloating="Fixed" fixedRt="4.000000000000"/>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0.000000000000" pmntAmt="0.000000000000">
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                <rtResetTenor rateTenor="Month" rateTenorUnit="12" resetDt="Day" resetDtUnit="1"/>
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            </floatingPmntDesc>
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            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>-23064.580000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
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            <curCd>USD</curCd>
            <unrealizedAppr>5862.930000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>FSWP: OIS 4.000000 15-DEC-2055 SOF</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="BAXENERZ9"/>
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        <balance>1100000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-13515.570000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <descRefInstrmnt>
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                <indexName>United States SOFR Secured Overnight Financing Rate</indexName>
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            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00" curCd="USD" fixedOrFloating="Fixed" fixedRt="4.000000000000"/>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0.000000000000" pmntAmt="0.000000000000">
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                <rtResetTenor rateTenor="Month" rateTenorUnit="12" resetDt="Day" resetDtUnit="1"/>
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            <terminationDt>2055-12-15</terminationDt>
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            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>-11261.890000000000</upfrontRcpt>
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            <curCd>USD</curCd>
            <unrealizedAppr>-2253.680000000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>OTC (GENERIC) 0 YEAR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="BAXEP4D27"/>
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        <balance>10000000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>19641.000000000000</valUSD>
        <pctVal>0.0038357458</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
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                <swapDeriv derivCat="SWP">
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                    <counterpartyName>Citi</counterpartyName>
                    <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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                  <derivAddlInfo>
                    <name>CITIBANK NA</name>
                    <lei>MBNUM2BPBDO7JBLYG310</lei>
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                    <identifiers>
                      <other otherDesc="Internal Id" value="BAXEP4KR4"/>
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                    <balance>N/A</balance>
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                    <curCd>N/A</curCd>
                    <valUSD>N/A</valUSD>
                    <pctVal>0.000000000000</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
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                  <descRefInstrmnt>
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                  <fixedPmntDesc amount="N/A" curCd="N/A" fixedOrFloating="Fixed" fixedRt="3.750000000000"/>
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                  <upfrontPmnt>N/A</upfrontPmnt>
                  <pmntCurCd>N/A</pmntCurCd>
                  <upfrontRcpt>N/A</upfrontRcpt>
                  <rcptCurCd>N/A</rcptCurCd>
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            <principalAmt>10000000.000000000000000</principalAmt>
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            <delta>XXXX</delta>
            <unrealizedAppr>-60359.000000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
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          <other otherDesc="Internal Id" value="BAXEQ70Q0"/>
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        <balance>10000000.000000000000</balance>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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              <counterpartyName>Morgan Stanley</counterpartyName>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
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                    <counterpartyName>Morgan Stanley</counterpartyName>
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                  <derivAddlInfo>
                    <name>MORGAN STANLEY CAPITAL SERVICES</name>
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                      <other otherDesc="Internal Id" value="BAXEQ73W4"/>
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                    <balance>N/A</balance>
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                    <descOthUnits>Notional</descOthUnits>
                    <curCd>N/A</curCd>
                    <valUSD>N/A</valUSD>
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                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
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                  <descRefInstrmnt>
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                  <floatingRecDesc curCd="N/A" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0.000000000000" pmntAmt="N/A">
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                  <fixedPmntDesc amount="N/A" curCd="N/A" fixedOrFloating="Fixed" fixedRt="3.550000000000"/>
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                  <upfrontPmnt>N/A</upfrontPmnt>
                  <pmntCurCd>N/A</pmntCurCd>
                  <upfrontRcpt>N/A</upfrontRcpt>
                  <rcptCurCd>N/A</rcptCurCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>-52245.000000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <isin value="GB00H24G0673"/>
          <ticker value="LLX5"/>
          <other otherDesc="Internal Id" value="LLX5C25"/>
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        <balance>43.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-26998.600000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>LME LEAD NOV 25</issuerName>
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                  <other otherDesc="Contract Identifier" value="LLX5C25"/>
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            <expDate>2025-11-18</expDate>
            <notionalAmt>2164367.35</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-26998.600000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>LME NICKEL JAN 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00H24J3T01"/>
          <ticker value="LNF6"/>
          <other otherDesc="Internal Id" value="LNF6C26"/>
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        <balance>12.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-13271.100000000000</valUSD>
        <pctVal>-0.0025917502</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LME NICKEL JAN 26</issuerName>
                <issueTitle>LME NICKEL JAN 26</issueTitle>
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                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="LNF6C26"/>
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            <expDate>2026-01-20</expDate>
            <notionalAmt>1131329.58</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-13271.100000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>SOYBEAN MEAL (CBT) DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="SMZ5"/>
          <other otherDesc="Internal Id" value="SMZ5C25"/>
        </identifiers>
        <balance>-7.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-3635.490000000000</valUSD>
        <pctVal>-0.0007099850</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>SOYBEAN MEAL (CBT) DEC 25</issuerName>
                <issueTitle>SOYBEAN MEAL (CBT) DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="SMZ5C25"/>
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            </descRefInstrmnt>
            <expDate>2025-12-12</expDate>
            <notionalAmt>-198664.51</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-3635.490000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>SOYBEAN MEAL (CBT) DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="SMZ5"/>
          <other otherDesc="Internal Id" value="SMZ5C25"/>
        </identifiers>
        <balance>-100.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>24666.330000000000</valUSD>
        <pctVal>0.0048171566</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>SOYBEAN MEAL (CBT) DEC 25</issuerName>
                <issueTitle>SOYBEAN MEAL (CBT) DEC 25</issueTitle>
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                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="SMZ5C25"/>
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            </descRefInstrmnt>
            <expDate>2025-12-12</expDate>
            <notionalAmt>-2914666.33</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>24666.330000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>SWP: SEK 2.475000 03-JUL-2035 3M</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="BAXEQLFL4"/>
        </identifiers>
        <balance>94000000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <currencyConditional curCd="SEK" exchangeRt="9.464500000"/>
        <valUSD>-161226.610000000000</valUSD>
        <pctVal>-0.0314863957</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Stockholm Interbank Offered Ra</indexName>
                <indexIdentifier>STIB3MIN4</indexIdentifier>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="38920.44" curCd="USD" fixedOrFloating="Fixed" fixedRt="2.475000000000"/>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="3M STIBOR" floatingRtSpread="0.000000000000" pmntAmt="-34034.780000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="3" resetDt="Month" resetDtUnit="3"/>
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            <terminationDt>2035-07-03</terminationDt>
            <upfrontPmnt>48.950000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>94000000.00</notionalAmt>
            <curCd>SEK</curCd>
            <unrealizedAppr>-156389.900000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>SWP: NZD 4.007500 03-JUL-2035 3M</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="BAXEQLH81"/>
        </identifiers>
        <balance>18500000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <currencyConditional curCd="NZD" exchangeRt="1.695058903"/>
        <valUSD>129487.750000000000</valUSD>
        <pctVal>0.0252880249</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>NZD - 3M NEW ZEALAND BANK BILL RATE</indexName>
                <indexIdentifier>NDBB3MIN1</indexIdentifier>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="68935.14" curCd="USD" fixedOrFloating="Fixed" fixedRt="4.007500000000"/>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="3M NZDBBRFRA" floatingRtSpread="0.000000000000" pmntAmt="-56884.750000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="3" resetDt="Month" resetDtUnit="3"/>
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            <terminationDt>2035-07-03</terminationDt>
            <upfrontPmnt>55.460000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>18500000.00</notionalAmt>
            <curCd>NZD</curCd>
            <unrealizedAppr>141482.680000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>SOYBEAN MEAL (CBT) DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="SMZ5"/>
          <other otherDesc="Internal Id" value="SMZ5C25"/>
        </identifiers>
        <balance>-7.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-6816.250000000000</valUSD>
        <pctVal>-0.0013311645</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>SOYBEAN MEAL (CBT) DEC 25</issuerName>
                <issueTitle>SOYBEAN MEAL (CBT) DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="SMZ5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-12</expDate>
            <notionalAmt>-195483.75</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-6816.250000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State Street</name>
        <lei>571474TGEMMWANRLN572</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-4396000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>10065.520000000000</valUSD>
        <pctVal>0.0019657236</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>State Street</counterpartyName>
              <counterpartyLei>571474TGEMMWANRLN572</counterpartyLei>
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            <amtCurSold>4396000.00</amtCurSold>
            <curSold>EUR</curSold>
            <amtCurPur>5152945.92</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-09-02</settlementDt>
            <unrealizedAppr>10065.520000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI SOUTH AFRICA 09/17/25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="BAXER04X5"/>
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        <balance>3331729.250000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <currencyConditional curCd="ZAR" exchangeRt="17.640000000"/>
        <valUSD>-1416.720000000000</valUSD>
        <pctVal>-0.0002766752</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSCI South Africa Net Return ZAR Index</indexName>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="JIBA1M" floatingRtSpread="-0.350000000000" pmntAmt="322.510000000000">
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            <otherPmntDesc fixedOrFloating="Other">MSCI South Africa Net Return ZAR Index</otherPmntDesc>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI SWITZERLAND 09/17/25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="BAXER4706"/>
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        <balance>177447.600000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <currencyConditional curCd="CHF" exchangeRt="0.800150000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSCI Switzerland Net Return CHF Index</indexName>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SARON" floatingRtSpread="0.000000000000" pmntAmt="-2.150000000000">
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            <otherPmntDesc fixedOrFloating="Other">MSCI SWITZERLAND NR</otherPmntDesc>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>LME NICKEL MAR 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00H24LKZ10"/>
          <ticker value="LNH6"/>
          <other otherDesc="Internal Id" value="LNH6C26"/>
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        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LME NICKEL MAR 26</issuerName>
                <issueTitle>LME NICKEL MAR 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-03-17</expDate>
            <notionalAmt>2240173.56</notionalAmt>
            <curCd>USD</curCd>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>LME NICKEL MAY 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00H24P1050"/>
          <ticker value="LNK6"/>
          <other otherDesc="Internal Id" value="LNK6C26"/>
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        <balance>12.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>5184.360000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LME NICKEL MAY 26</issuerName>
                <issueTitle>LME NICKEL MAY 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="LNK6C26"/>
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            <expDate>2026-05-19</expDate>
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      <invstOrSec>
        <name>JPMorgan</name>
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      <invstOrSec>
        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>JPMorgan</counterpartyName>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <swapDeriv derivCat="SWP">
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
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      <invstOrSec>
        <name>Morgan Stanley</name>
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      <invstOrSec>
        <name>Citi</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan</name>
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      <invstOrSec>
        <name>Morgan Stanley</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>JPMorgan</name>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <derivativeInfo>
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      <invstOrSec>
        <name>State Street</name>
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        <name>JPMorgan</name>
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        <name>JPMorgan</name>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI MEXICO 09/17/2025</title>
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        <name>UBS</name>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <name>JPMorgan</name>
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      <invstOrSec>
        <name>JPMorgan</name>
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        <name>UBS</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>UMBS</name>
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      <invstOrSec>
        <name>JPMorgan</name>
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        <name>JPMorgan</name>
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        <name>JPMorgan</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Citi</counterpartyName>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <isin value="DE000C68D3X9"/>
          <ticker value="VGU5"/>
          <other otherDesc="Internal Id" value="VGU5I25"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.854773912"/>
        <valUSD>-28466.650000000000</valUSD>
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        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
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        <cusip>000000000</cusip>
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          <isin value="DE000C68D3X9"/>
          <ticker value="VGU5"/>
          <other otherDesc="Internal Id" value="VGU5I25"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.854773912"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>EURO STOXX 50 SEP 25</issuerName>
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                  <cusip value="000000000"/>
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            <unrealizedAppr>-393.490000000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-19407924.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>38855.160000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>19407924.00</amtCurSold>
            <curSold>SGD</curSold>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-9383078.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-33285.370000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citi</counterpartyName>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>EURO STOXX 50 SEP 25</title>
        <cusip>000000000</cusip>
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          <isin value="DE000C68D3X9"/>
          <ticker value="VGU5"/>
          <other otherDesc="Internal Id" value="VGU5I25"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.854773912"/>
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        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <ticker value="W H6"/>
          <other otherDesc="Internal Id" value="W H6C26"/>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>JPMorgan</counterpartyName>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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        <cusip>000000000</cusip>
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        <curCd>N/A</curCd>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-160</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_21-193</name>
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          <isin value="US38383DTZ14"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <curCd>USD</curCd>
        <valUSD>-8678.060000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>WHEAT MAY 26</issuerName>
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                  <cusip value="000000000"/>
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            <expDate>2026-05-14</expDate>
            <notionalAmt>852428.06</notionalAmt>
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          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>SWEDISH KRONA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTSEK"/>
        </identifiers>
        <balance>138284805.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>112807.430000000000</valUSD>
        <pctVal>0.0220304786</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>14511093.21</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>138284805.00</amtCurPur>
            <curPur>SEK</curPur>
            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>112807.430000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>COCOA DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CCZ5"/>
          <other otherDesc="Internal Id" value="CCZ5C25"/>
        </identifiers>
        <balance>120.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-324046.550000000000</valUSD>
        <pctVal>-0.0632839573</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>COCOA DEC 25</issuerName>
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                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="CCZ5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-15</expDate>
            <notionalAmt>9576046.55</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-324046.550000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>US ULTRA T-BOND DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="WNZ5"/>
          <other otherDesc="Internal Id" value="WNZ5C25"/>
        </identifiers>
        <balance>-64.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>8894.400000000000</valUSD>
        <pctVal>0.0017370123</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US ULTRA T-BOND DEC 25</issuerName>
                <issueTitle>US ULTRA T-BOND DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="WNZ5C25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-19</expDate>
            <notionalAmt>-7468894.40</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>8894.400000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>GASOLINE RBOB JAN 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="XBF6"/>
          <other otherDesc="Internal Id" value="XBF6C25"/>
        </identifiers>
        <balance>12.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>17147.530000000000</valUSD>
        <pctVal>0.0033487891</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>GASOLINE RBOB JAN 26</issuerName>
                <issueTitle>GASOLINE RBOB JAN 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="XBF6C25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-31</expDate>
            <notionalAmt>918629.27</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>17147.530000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>WHEAT DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="W Z5"/>
          <other otherDesc="Internal Id" value="W Z5C25"/>
        </identifiers>
        <balance>12.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1366.130000000000</valUSD>
        <pctVal>0.0002667953</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>WHEAT DEC 25</issuerName>
                <issueTitle>WHEAT DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="W Z5C25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-12</expDate>
            <notionalAmt>319183.87</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>1366.130000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>WHEAT DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="W Z5"/>
          <other otherDesc="Internal Id" value="W Z5C25"/>
        </identifiers>
        <balance>-144.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>7473.930000000000</valUSD>
        <pctVal>0.0014596047</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>WHEAT DEC 25</issuerName>
                <issueTitle>WHEAT DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="W Z5C25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-12</expDate>
            <notionalAmt>-3854073.93</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>7473.930000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>CAC40 10 EURO SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FREN28200243"/>
          <ticker value="CFU5"/>
          <other otherDesc="Internal Id" value="CFU5I25"/>
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        <balance>49.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.854773912"/>
        <valUSD>-15398.590000000000</valUSD>
        <pctVal>-0.0030072337</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CAC40 10 EURO SEP 25</issuerName>
                <issueTitle>CAC40 10 EURO SEP 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="CFU5I25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-19</expDate>
            <notionalAmt>3793225.01</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-15398.590000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>CAC40 10 EURO SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FREN28200243"/>
          <ticker value="CFU5"/>
          <other otherDesc="Internal Id" value="CFU5I25"/>
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        <balance>-106.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.854773912"/>
        <valUSD>137371.230000000000</valUSD>
        <pctVal>0.0268276118</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CAC40 10 EURO SEP 25</issuerName>
                <issueTitle>CAC40 10 EURO SEP 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="CFU5I25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-19</expDate>
            <notionalAmt>-8295019.62</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>137371.230000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>GASOLINE RBOB MAR 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="XBH6"/>
          <other otherDesc="Internal Id" value="XBH6C26"/>
        </identifiers>
        <balance>12.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>5744.720000000000</valUSD>
        <pctVal>0.0011219024</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>GASOLINE RBOB MAR 26</issuerName>
                <issueTitle>GASOLINE RBOB MAR 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="XBH6C26"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-02-27</expDate>
            <notionalAmt>939759.28</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>5744.720000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>GASOLINE RBOB MAR 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="XBH6"/>
          <other otherDesc="Internal Id" value="XBH6C26"/>
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        <balance>12.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-6565.080000000000</valUSD>
        <pctVal>-0.0012821128</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>GASOLINE RBOB MAR 26</issuerName>
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            <expDate>2026-02-27</expDate>
            <notionalAmt>952069.08</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-6565.080000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>WTI CRUDE JAN 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CLF6"/>
          <other otherDesc="Internal Id" value="CLF6C25"/>
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        <balance>31.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>35568.640000000000</valUSD>
        <pctVal>0.0069462992</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>WTI CRUDE JAN 26</issuerName>
                <issueTitle>WTI CRUDE JAN 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="CLF6C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-19</expDate>
            <notionalAmt>1908131.36</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>35568.640000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>WTI CRUDE JAN 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CLF6"/>
          <other otherDesc="Internal Id" value="CLF6C25"/>
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        <balance>13.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-29240.560000000000</valUSD>
        <pctVal>-0.0057104708</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>WTI CRUDE JAN 26</issuerName>
                <issueTitle>WTI CRUDE JAN 26</issueTitle>
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                  <cusip value="000000000"/>
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              </otherRefInst>
            </descRefInstrmnt>
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            <notionalAmt>844340.56</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-29240.560000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>WHEAT DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="W Z5"/>
          <other otherDesc="Internal Id" value="W Z5C25"/>
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        <balance>-169.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-70736.750000000000</valUSD>
        <pctVal>-0.0138143778</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>WHEAT DEC 25</issuerName>
                <issueTitle>WHEAT DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="W Z5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-12</expDate>
            <notionalAmt>-4443675.75</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-70736.750000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>WHEAT DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="W Z5"/>
          <other otherDesc="Internal Id" value="W Z5C25"/>
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        <balance>-135.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-42392.720000000000</valUSD>
        <pctVal>-0.0082789929</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>WHEAT DEC 25</issuerName>
                <issueTitle>WHEAT DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="W Z5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-12</expDate>
            <notionalAmt>-3563794.78</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-42392.720000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARROYO MORTGAGE TRUST ARRW_20-1</name>
        <lei>N/A</lei>
        <title>ARRW_20-1</title>
        <cusip>04285CAD3</cusip>
        <identifiers>
          <isin value="US04285CAD39"/>
          <other otherDesc="Internal Id" value="04285CAD3"/>
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        <balance>1870000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1731482.370000000000</valUSD>
        <pctVal>0.3381460358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.277000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASP WHCO PARTICIPATION LP ASPWP-29-1A</name>
        <lei>N/A</lei>
        <title>ASPWP-29-1A</title>
        <cusip>04524YAA2</cusip>
        <identifiers>
          <isin value="US04524YAA29"/>
          <other otherDesc="Internal Id" value="04524YAA2"/>
        </identifiers>
        <balance>1000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1000000.000000000000</valUSD>
        <pctVal>0.1952927975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.712600000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>WTI CRUDE MAR 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CLH6"/>
          <other otherDesc="Internal Id" value="CLH6C26"/>
        </identifiers>
        <balance>89.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-57271.000000000000</valUSD>
        <pctVal>-0.0111846138</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>WTI CRUDE MAR 26</issuerName>
                <issueTitle>WTI CRUDE MAR 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="CLH6C26"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-02-20</expDate>
            <notionalAmt>5610871.00</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-57271.000000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>WTI CRUDE MAY 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CLK6"/>
          <other otherDesc="Internal Id" value="CLK6C26"/>
        </identifiers>
        <balance>44.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>33150.620000000000</valUSD>
        <pctVal>0.0064740773</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>WTI CRUDE MAY 26</issuerName>
                <issueTitle>WTI CRUDE MAY 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="CLK6C26"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-04-21</expDate>
            <notionalAmt>2707169.38</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>33150.620000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BXP TRUST BXP_21-601L</name>
        <lei>N/A</lei>
        <title>BXP_21-601L</title>
        <cusip>05607TAL6</cusip>
        <identifiers>
          <isin value="US05607TAL61"/>
          <other otherDesc="Internal Id" value="05607TAL6"/>
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        <balance>1100000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>832867.310000000000</valUSD>
        <pctVal>0.1626529869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.868000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS MORTGAGE LOAN TRUST BARC_21-NPL1</name>
        <lei>N/A</lei>
        <title>BARC_21-NPL1</title>
        <cusip>06744JAB2</cusip>
        <identifiers>
          <isin value="US06744JAB26"/>
          <other otherDesc="Internal Id" value="06744JAB2"/>
        </identifiers>
        <balance>254854.970000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>262217.880000000000</valUSD>
        <pctVal>0.0512092633</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>WTI CRUDE OCT 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CLV5"/>
          <other otherDesc="Internal Id" value="CLV5C25"/>
        </identifiers>
        <balance>33.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>28545.950000000000</valUSD>
        <pctVal>0.0055748184</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>WTI CRUDE OCT 25</issuerName>
                <issueTitle>WTI CRUDE OCT 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="CLV5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-22</expDate>
            <notionalAmt>2083784.05</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>28545.950000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>WTI CRUDE OCT 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CLV5"/>
          <other otherDesc="Internal Id" value="CLV5C25"/>
        </identifiers>
        <balance>86.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>134683.570000000000</valUSD>
        <pctVal>0.0263027312</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>WTI CRUDE OCT 25</issuerName>
                <issueTitle>WTI CRUDE OCT 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="CLV5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-22</expDate>
            <notionalAmt>5370176.43</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>134683.570000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_17-81</name>
        <lei>N/A</lei>
        <title>FNMA_17-81</title>
        <cusip>3136AX4E2</cusip>
        <identifiers>
          <isin value="US3136AX4E23"/>
          <other otherDesc="Internal Id" value="3136AX4E2"/>
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        <balance>1591553.600000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>209947.410000000000</valUSD>
        <pctVal>0.0410012170</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.737100000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE FNMA_18-64</name>
        <lei>N/A</lei>
        <title>FNMA_18-64</title>
        <cusip>3136B23K6</cusip>
        <identifiers>
          <isin value="US3136B23K66"/>
          <other otherDesc="Internal Id" value="3136B23K6"/>
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        <balance>1520441.040000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>202754.920000000000</valUSD>
        <pctVal>0.0395965755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.737100000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>WTI CRUDE NOV 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CLX5"/>
          <other otherDesc="Internal Id" value="CLX5C25"/>
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        <balance>-66.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-38631.820000000000</valUSD>
        <pctVal>-0.0075445162</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>WTI CRUDE NOV 25</issuerName>
                <issueTitle>WTI CRUDE NOV 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="CLX5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-10-21</expDate>
            <notionalAmt>-4149728.18</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-38631.820000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>WTI CRUDE DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CLZ5"/>
          <other otherDesc="Internal Id" value="CLZ5C25"/>
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        <balance>-7.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-6038.970000000000</valUSD>
        <pctVal>-0.0011793673</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
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                <issuerName>WTI CRUDE DEC 25</issuerName>
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            <unrealizedAppr>-6038.970000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
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        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citi</counterpartyName>
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        </derivativeInfo>
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      <invstOrSec>
        <name>Citi</name>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Citi</counterpartyName>
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      <invstOrSec>
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        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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        </derivativeInfo>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo</name>
        <lei>VYVVCKR63DVZZN70PB21</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
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        <units>OU</units>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Wells Fargo</counterpartyName>
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            <amtCurSold>934000.00</amtCurSold>
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            <amtCurPur>1161433.69</amtCurPur>
            <curPur>USD</curPur>
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            <unrealizedAppr>-8881.360000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-531460301.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-740903.700000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
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            <amtCurSold>531460301.00</amtCurSold>
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            <amtCurPur>27691333.79</amtCurPur>
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            <unrealizedAppr>-740903.700000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-4000000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>264.210000000000</valUSD>
        <pctVal>0.0000515983</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>4000000.00</amtCurSold>
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            <unrealizedAppr>264.210000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>CAN 10YR BOND DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CNZ5"/>
          <other otherDesc="Internal Id" value="CNZ5C25"/>
        </identifiers>
        <balance>512.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CAD" exchangeRt="1.373350000"/>
        <valUSD>314235.920000000000</valUSD>
        <pctVal>0.0613680119</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CAN 10YR BOND DEC 25</issuerName>
                <issueTitle>CAN 10YR BOND DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="CNZ5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-18</expDate>
            <notionalAmt>61268540.40</notionalAmt>
            <curCd>CAD</curCd>
            <unrealizedAppr>314235.920000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>CAN 10YR BOND DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CNZ5"/>
          <other otherDesc="Internal Id" value="CNZ5C25"/>
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        <balance>-347.000000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.373350000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CAN 10YR BOND DEC 25</issuerName>
                <issueTitle>CAN 10YR BOND DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
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            <expDate>2025-12-18</expDate>
            <notionalAmt>-41555192.69</notionalAmt>
            <curCd>CAD</curCd>
            <unrealizedAppr>-190389.240000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo</name>
        <lei>VYVVCKR63DVZZN70PB21</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-725427000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-30500.600000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Wells Fargo</counterpartyName>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wells Fargo</name>
        <lei>VYVVCKR63DVZZN70PB21</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-74609000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Wells Fargo</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-119956812.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-9528.230000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Citi</counterpartyName>
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        </derivativeInfo>
        <securityLending>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-1999999.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>275.360000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citi</counterpartyName>
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            <amtCurPur>199254.30</amtCurPur>
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            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>275.360000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>CAN 10YR BOND DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CNZ5"/>
          <other otherDesc="Internal Id" value="CNZ5C25"/>
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        <balance>-30.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CAD" exchangeRt="1.373350000"/>
        <valUSD>-15327.630000000000</valUSD>
        <pctVal>-0.0029933757</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CAN 10YR BOND DEC 25</issuerName>
                <issueTitle>CAN 10YR BOND DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="CNZ5C25"/>
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            <expDate>2025-12-18</expDate>
            <notionalAmt>-3594235.50</notionalAmt>
            <curCd>CAD</curCd>
            <unrealizedAppr>-15327.630000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>BRENT CRUDE (ICE) JAN 26</title>
        <cusip>000000000</cusip>
        <identifiers>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-12000000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>3328.010000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>12000000.00</amtCurSold>
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            <amtCurPur>1272352.52</amtCurPur>
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            <unrealizedAppr>3328.010000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>NORWAY KRONA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTNOK"/>
        </identifiers>
        <balance>359225000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>652659.660000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>35087956.46</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>359225000.00</amtCurPur>
            <curPur>NOK</curPur>
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            <unrealizedAppr>652659.660000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>NORWAY KRONA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTNOK"/>
        </identifiers>
        <balance>52040846.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>39935.790000000000</valUSD>
        <pctVal>0.0077991721</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>5139254.14</amtCurSold>
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            <amtCurPur>52040846.00</amtCurPur>
            <curPur>NOK</curPur>
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            <unrealizedAppr>39935.790000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>NEW ZEALAND DOLLAR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTNZD"/>
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        <balance>1994608.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>6716.960000000000</valUSD>
        <pctVal>0.0013117739</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>1170597.75</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>1994608.00</amtCurPur>
            <curPur>NZD</curPur>
            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>6716.960000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>NEW ZEALAND DOLLAR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTNZD"/>
        </identifiers>
        <balance>14596282.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-136770.030000000000</valUSD>
        <pctVal>-0.0267102018</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>8752206.03</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>14596282.00</amtCurPur>
            <curPur>NZD</curPur>
            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>-136770.030000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIGURE LENDING FIGRE_24-HE5</name>
        <lei>N/A</lei>
        <title>FIGRE_24-HE5</title>
        <cusip>31684FAF1</cusip>
        <identifiers>
          <isin value="US31684FAF18"/>
          <other otherDesc="Internal Id" value="31684FAF1"/>
        </identifiers>
        <balance>200000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>204956.840000000000</valUSD>
        <pctVal>0.0400265946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.630000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIGURE LENDING FIGRE_24-HE3</name>
        <lei>N/A</lei>
        <title>FIGRE_24-HE3</title>
        <cusip>31684GAE2</cusip>
        <identifiers>
          <isin value="US31684GAE26"/>
          <other otherDesc="Internal Id" value="31684GAE2"/>
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        <balance>150000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>151931.150000000000</valUSD>
        <pctVal>0.0296710593</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.551000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>COTTON NO.2 MAY 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CTK6"/>
          <other otherDesc="Internal Id" value="CTK6C26"/>
        </identifiers>
        <balance>17.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>4305.960000000000</valUSD>
        <pctVal>0.0008409230</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>COTTON NO.2 MAY 26</issuerName>
                <issueTitle>COTTON NO.2 MAY 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="CTK6C26"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-05-06</expDate>
            <notionalAmt>588909.04</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>4305.960000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>COTTON NO.2 MAY 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CTK6"/>
          <other otherDesc="Internal Id" value="CTK6C26"/>
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        <balance>11.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-6807.490000000000</valUSD>
        <pctVal>-0.0013294538</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>COTTON NO.2 MAY 26</issuerName>
                <issueTitle>COTTON NO.2 MAY 26</issueTitle>
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                  <cusip value="000000000"/>
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            <expDate>2026-05-06</expDate>
            <notionalAmt>390652.49</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-6807.490000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIGURE LENDING FIGRE_24-HE3</name>
        <lei>N/A</lei>
        <title>FIGRE_24-HE3</title>
        <cusip>31684GAF9</cusip>
        <identifiers>
          <isin value="US31684GAF90"/>
          <other otherDesc="Internal Id" value="31684GAF9"/>
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        <balance>150000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>155446.350000000000</valUSD>
        <pctVal>0.0303575525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-25</maturityDt>
          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIGURE LENDING FIGRE_24-HE1</name>
        <lei>N/A</lei>
        <title>FIGRE_24-HE1</title>
        <cusip>31684HAE0</cusip>
        <identifiers>
          <isin value="US31684HAE09"/>
          <other otherDesc="Internal Id" value="31684HAE0"/>
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        <balance>150000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>155273.960000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.323000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>COTTON NO.2 DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CTZ5"/>
          <other otherDesc="Internal Id" value="CTZ5C25"/>
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        <balance>98.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-64909.380000000000</valUSD>
        <pctVal>-0.0126763344</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>COTTON NO.2 DEC 25</issuerName>
                <issueTitle>COTTON NO.2 DEC 25</issueTitle>
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                  <cusip value="000000000"/>
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            </descRefInstrmnt>
            <expDate>2025-12-08</expDate>
            <notionalAmt>3325369.38</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-64909.380000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>COTTON NO.2 DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CTZ5"/>
          <other otherDesc="Internal Id" value="CTZ5C25"/>
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        <balance>-18.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>11744.120000000000</valUSD>
        <pctVal>0.0022935420</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>COTTON NO.2 DEC 25</issuerName>
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            <expDate>2025-12-08</expDate>
            <notionalAmt>-610604.12</notionalAmt>
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            <unrealizedAppr>11744.120000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIGURE LENDING FIGRE_24-HE1</name>
        <lei>N/A</lei>
        <title>FIGRE_24-HE1</title>
        <cusip>31684HAF7</cusip>
        <identifiers>
          <isin value="US31684HAF73"/>
          <other otherDesc="Internal Id" value="31684HAF7"/>
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        <balance>250000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>264063.950000000000</valUSD>
        <pctVal>0.0515697875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>10.029000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIGRE TRUST FIGRE_25-HE3</name>
        <lei>N/A</lei>
        <title>FIGRE_25-HE3</title>
        <cusip>31684LAE1</cusip>
        <identifiers>
          <isin value="US31684LAE11"/>
          <other otherDesc="Internal Id" value="31684LAE1"/>
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        <balance>100000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>105171.600000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.103000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>COPPER MAY 26</title>
        <cusip>000000000</cusip>
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          <ticker value="HGK6"/>
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        <balance>31.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36790.880000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>COPPER MAY 26</issuerName>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
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        <cusip>000000000</cusip>
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          <ticker value="HGZ5"/>
          <other otherDesc="Internal Id" value="HGZ5C25"/>
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        <balance>-1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-2101.980000000000</valUSD>
        <pctVal>-0.0004105016</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
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                <issuerName>COPPER DEC 25</issuerName>
                <issueTitle>COPPER DEC 25</issueTitle>
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                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="HGZ5C25"/>
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            </descRefInstrmnt>
            <expDate>2025-12-29</expDate>
            <notionalAmt>-112660.52</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-2101.980000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>COPPER DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="HGZ5"/>
          <other otherDesc="Internal Id" value="HGZ5C25"/>
        </identifiers>
        <balance>-153.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-186372.310000000000</valUSD>
        <pctVal>-0.0363971698</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>COPPER DEC 25</issuerName>
                <issueTitle>COPPER DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-29</expDate>
            <notionalAmt>-17372290.19</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-186372.310000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>COPPER DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="HGZ5"/>
          <other otherDesc="Internal Id" value="HGZ5C25"/>
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        <balance>-13.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-27369.350000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>COPPER DEC 25</issuerName>
                <issueTitle>COPPER DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="HGZ5C25"/>
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            </descRefInstrmnt>
            <expDate>2025-12-29</expDate>
            <notionalAmt>-1464543.15</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-27369.350000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FIGRE TRUST FIGRE_25-HE3</name>
        <lei>N/A</lei>
        <title>FIGRE_25-HE3</title>
        <cusip>31684LAF8</cusip>
        <identifiers>
          <isin value="US31684LAF85"/>
          <other otherDesc="Internal Id" value="31684LAF8"/>
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        <balance>100000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>105137.150000000000</valUSD>
        <pctVal>0.0205325281</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>9.081000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FIGURE LENDING FIGRE_24-HE2</name>
        <lei>N/A</lei>
        <title>FIGRE_24-HE2</title>
        <cusip>316927AF9</cusip>
        <identifiers>
          <isin value="US316927AF94"/>
          <other otherDesc="Internal Id" value="316927AF9"/>
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        <balance>400000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>424762.080000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>9.790000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>NY HARBOR ULSD (HEAT OIL) JAN 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="HOF6"/>
          <other otherDesc="Internal Id" value="HOF6C25"/>
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        <balance>10.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>17289.940000000000</valUSD>
        <pctVal>0.0033766008</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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            <expDate>2025-12-31</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>NY HARBOR ULSD (HEAT OIL) MAR 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="HOH6"/>
          <other otherDesc="Internal Id" value="HOH6C26"/>
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        <balance>9.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>14246.440000000000</valUSD>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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      </invstOrSec>
      <invstOrSec>
        <name>STRUCTURED AGENCY CREDIT RISK STACR_21-DNA1</name>
        <lei>N/A</lei>
        <title>STACR_21-DNA1</title>
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          <isin value="US35564KBE82"/>
          <other otherDesc="Internal Id" value="35564KBE8"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>STRUCTURED AGENCY CREDIT RISK STACR_21-DNA5</name>
        <lei>N/A</lei>
        <title>STACR_21-DNA5</title>
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          <isin value="US35564KJB61"/>
          <other otherDesc="Internal Id" value="35564KJB6"/>
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        <assetCat>ABS-CBDO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>NY HARBOR ULSD (HEAT OIL) MAR 26</title>
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          <ticker value="HOH6"/>
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        <curCd>USD</curCd>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <ticker value="HOK6"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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            <notionalAmt>182833.43</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-494.630000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>NY HARBOR ULSD (HEAT OIL) OCT 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="HOV5"/>
          <other otherDesc="Internal Id" value="HOV5C25"/>
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        <balance>10.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>6888.480000000000</valUSD>
        <pctVal>0.0013452705</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>NY HARBOR ULSD (HEAT OIL) OCT 25</issuerName>
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                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="HOV5C25"/>
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            <expDate>2025-09-30</expDate>
            <notionalAmt>946427.52</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>6888.480000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STRUCTURED AGENCY CREDIT RISK STACR_21-DNA6</name>
        <lei>N/A</lei>
        <title>STACR_21-DNA6</title>
        <cusip>35564KLV9</cusip>
        <identifiers>
          <isin value="US35564KLV97"/>
          <other otherDesc="Internal Id" value="35564KLV9"/>
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        <balance>550000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>582081.450000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>11.848400000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STRUCTURED AGENCY CREDIT RISK STACR_20-HQA5</name>
        <lei>N/A</lei>
        <title>STACR_20-HQA5</title>
        <cusip>35565TBE8</cusip>
        <identifiers>
          <isin value="US35565TBE82"/>
          <other otherDesc="Internal Id" value="35565TBE8"/>
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        <balance>1800000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2197583.100000000000</valUSD>
        <pctVal>0.4291721513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>11.748400000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>NY HARBOR ULSD (HEAT OIL) OCT 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="HOV5"/>
          <other otherDesc="Internal Id" value="HOV5C25"/>
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        <balance>19.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-134.670000000000</valUSD>
        <pctVal>-0.0000263001</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>NY HARBOR ULSD (HEAT OIL) OCT 25</issuerName>
                <issueTitle>NY HARBOR ULSD (HEAT OIL) OCT 25</issueTitle>
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                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="HOV5C25"/>
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            </descRefInstrmnt>
            <expDate>2025-09-30</expDate>
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            <curCd>USD</curCd>
            <unrealizedAppr>-134.670000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>NY HARBOR ULSD (HEAT OIL) NOV 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="HOX5"/>
          <other otherDesc="Internal Id" value="HOX5C25"/>
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        <balance>-7.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1700.960000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
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                <issuerName>NY HARBOR ULSD (HEAT OIL) NOV 25</issuerName>
                <issueTitle>NY HARBOR ULSD (HEAT OIL) NOV 25</issueTitle>
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                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="HOX5C25"/>
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            <expDate>2025-10-31</expDate>
            <notionalAmt>-666523.16</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>1700.960000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK MORTGAGE TRUST NYMT_24-CP1</name>
        <lei>N/A</lei>
        <title>NYMT_24-CP1</title>
        <cusip>67118PAB8</cusip>
        <identifiers>
          <isin value="US67118PAB85"/>
          <other otherDesc="Internal Id" value="67118PAB8"/>
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        <balance>400000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>315972.280000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.951900000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK MORTGAGE TRUST NYMT_24-CP1</name>
        <lei>N/A</lei>
        <title>NYMT_24-CP1</title>
        <cusip>67118PAC6</cusip>
        <identifiers>
          <isin value="US67118PAC68"/>
          <other otherDesc="Internal Id" value="67118PAC6"/>
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        <balance>150000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>111339.060000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.951900000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>NY HARBOR ULSD (HEAT OIL) NOV 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="HOX5"/>
          <other otherDesc="Internal Id" value="HOX5C25"/>
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        <balance>-16.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-20360.030000000000</valUSD>
        <pctVal>-0.0039761672</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
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                <issuerName>NY HARBOR ULSD (HEAT OIL) NOV 25</issuerName>
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            <unrealizedAppr>-20360.030000000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HSBC</name>
        <lei>CYYGQCGNHMHPSMRL3R97</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-34427000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-491800.660000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>HSBC</counterpartyName>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK MORTGAGE TRUST NYMT_25-R1</name>
        <lei>N/A</lei>
        <title>NYMT_25-R1</title>
        <cusip>67120XAA9</cusip>
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          <isin value="US67120XAA90"/>
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        <balance>290783.440000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>291196.060000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OAKTOWN RE LTD OMIR_21-1A</name>
        <lei>N/A</lei>
        <title>OMIR_21-1A</title>
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          <isin value="US67401FAE07"/>
          <other otherDesc="Internal Id" value="67401FAE0"/>
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        <balance>500000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>507835.550000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-25</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>HSBC</name>
        <lei>CYYGQCGNHMHPSMRL3R97</lei>
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        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-3372343000.000000000000</balance>
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        <curCd>N/A</curCd>
        <valUSD>-130443.650000000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HSBC</name>
        <lei>CYYGQCGNHMHPSMRL3R97</lei>
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          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <invCountry>NZ</invCountry>
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              <counterpartyName>HSBC</counterpartyName>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TAIWAN NEW DOLLAR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTTWD"/>
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        <balance>267993595.000000000000</balance>
        <units>OU</units>
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        <curCd>N/A</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <amtCurSold>9120577.38</amtCurSold>
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            <settlementDt>2025-09-17</settlementDt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
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        <name>PRPM LLC PRPM_24-RCF1</name>
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      <invstOrSec>
        <name>JPMorgan</name>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>NASDAQ 100 E-MINI SEP 25</title>
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          <ticker value="NQU5"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
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      <invstOrSec>
        <name>PRPM LLC PRPM_24-RCF1</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>PRKCM TRUST PRKCM_22-AFC1</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>EURO-OAT SEP 25</title>
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          <isin value="DE000F1NGGA8"/>
          <ticker value="OATU5"/>
          <other otherDesc="Internal Id" value="OATU5C25"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.854773912"/>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Morgan Stanley</name>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>Morgan Stanley</counterpartyName>
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      <invstOrSec>
        <name>PRPM LLC PRPM_22-NQM1</name>
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      <invstOrSec>
        <name>PRPM LLC PRPM_23-NQM3</name>
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        <name>PRESTON RIDGE PARTNERS MORTGAGE TRUST PRPM_23-RCF1</name>
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      <invstOrSec>
        <name>PRESTON RIDGE PARTNERS MORTGAGE TRUST PRPM_24-5</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>PRESTON RIDGE PARTNERS MORTGAGE TRUST PRPM_24-5</name>
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          <other otherDesc="Internal Id" value="69381KAB5"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>PRET_24-NPL6</name>
        <lei>N/A</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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      <invstOrSec>
        <name>PRPM LLC PRPM_25-2</name>
        <lei>N/A</lei>
        <title>PRPM_25-2</title>
        <cusip>69382HAB1</cusip>
        <identifiers>
          <isin value="US69382HAB15"/>
          <other otherDesc="Internal Id" value="69382HAB1"/>
        </identifiers>
        <balance>350000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>353053.890000000000</valUSD>
        <pctVal>0.0689488818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>9.560000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRPM LLC PRPM_23-NQM1</name>
        <lei>N/A</lei>
        <title>PRPM_23-NQM1</title>
        <cusip>693965AE5</cusip>
        <identifiers>
          <isin value="US693965AE58"/>
          <other otherDesc="Internal Id" value="693965AE5"/>
        </identifiers>
        <balance>300000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>297710.760000000000</valUSD>
        <pctVal>0.0581407672</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.266300000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRPM LLC PRPM_24-RCF2</name>
        <lei>N/A</lei>
        <title>PRPM_24-RCF2</title>
        <cusip>693987AD1</cusip>
        <identifiers>
          <isin value="US693987AD12"/>
          <other otherDesc="Internal Id" value="693987AD1"/>
        </identifiers>
        <balance>200000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>188568.940000000000</valUSD>
        <pctVal>0.0368261558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRPM LLC PRPM_24-RCF2</name>
        <lei>N/A</lei>
        <title>PRPM_24-RCF2</title>
        <cusip>693987AE9</cusip>
        <identifiers>
          <isin value="US693987AE94"/>
          <other otherDesc="Internal Id" value="693987AE9"/>
        </identifiers>
        <balance>850000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>772318.590000000000</valUSD>
        <pctVal>0.1508282580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PAGAYA AI DEBT SELECTION TRUST PAID_24-2</name>
        <lei>N/A</lei>
        <title>PAID_24-2</title>
        <cusip>694961AC7</cusip>
        <identifiers>
          <isin value="US694961AC78"/>
          <other otherDesc="Internal Id" value="694961AC7"/>
        </identifiers>
        <balance>191044.790000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>193425.460000000000</valUSD>
        <pctVal>0.0377745992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.573000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PAGAYA AI DEBT SELECTION TRUST PAID_23-5</name>
        <lei>N/A</lei>
        <title>PAID_23-5</title>
        <cusip>69546PAC4</cusip>
        <identifiers>
          <isin value="US69546PAC41"/>
          <other otherDesc="Internal Id" value="69546PAC4"/>
        </identifiers>
        <balance>395442.350000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>396526.260000000000</valUSD>
        <pctVal>0.0774387226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.099000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PAGAYA AI DEBT SELECTION TRUST PAID_24-9</name>
        <lei>N/A</lei>
        <title>PAID_24-9</title>
        <cusip>69546QAD0</cusip>
        <identifiers>
          <isin value="US69546QAD07"/>
          <other otherDesc="Internal Id" value="69546QAD0"/>
        </identifiers>
        <balance>505163.700000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>505173.000000000000</valUSD>
        <pctVal>0.0986566484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.174000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PAGAYA AI DEBT SELECTION TRUST PAID_20-3</name>
        <lei>N/A</lei>
        <title>PAID_20-3</title>
        <cusip>69546T102</cusip>
        <identifiers>
          <isin value="US69546T1025"/>
          <other otherDesc="Internal Id" value="69546T102"/>
        </identifiers>
        <balance>3200000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31062.560000000000</valUSD>
        <pctVal>0.0060662942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>BRENT CRUDE (ICE) MAY 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00H7Q1B518"/>
          <ticker value="COK6"/>
          <other otherDesc="Internal Id" value="COK6C26"/>
        </identifiers>
        <balance>98.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>33207.750000000000</valUSD>
        <pctVal>0.0064852344</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>BRENT CRUDE (ICE) MAY 26</issuerName>
                <issueTitle>BRENT CRUDE (ICE) MAY 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="COK6C26"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-03-31</expDate>
            <notionalAmt>6438712.25</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>33207.750000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>BRENT CRUDE (ICE) NOV 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00H47KCC03"/>
          <ticker value="COX5"/>
          <other otherDesc="Internal Id" value="COX5C25"/>
        </identifiers>
        <balance>16.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>24490.440000000000</valUSD>
        <pctVal>0.0047828065</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>BRENT CRUDE (ICE) NOV 25</issuerName>
                <issueTitle>BRENT CRUDE (ICE) NOV 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="COX5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-30</expDate>
            <notionalAmt>1055189.56</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>24490.440000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>BRENT CRUDE (ICE) NOV 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00H47KCC03"/>
          <ticker value="COX5"/>
          <other otherDesc="Internal Id" value="COX5C25"/>
        </identifiers>
        <balance>-83.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>72923.450000000000</valUSD>
        <pctVal>0.0142414246</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>BRENT CRUDE (ICE) NOV 25</issuerName>
                <issueTitle>BRENT CRUDE (ICE) NOV 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="COX5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-30</expDate>
            <notionalAmt>-5673763.45</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>72923.450000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>BRENT CRUDE (ICE) NOV 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00H47KCC03"/>
          <ticker value="COX5"/>
          <other otherDesc="Internal Id" value="COX5C25"/>
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        <balance>-10.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-18264.200000000000</valUSD>
        <pctVal>-0.0035668667</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>BRENT CRUDE (ICE) NOV 25</issuerName>
                <issueTitle>BRENT CRUDE (ICE) NOV 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="COX5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-30</expDate>
            <notionalAmt>-656535.80</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-18264.200000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PAGAYA AI DEBT SELECTION TRUST PAID_21-5</name>
        <lei>N/A</lei>
        <title>PAID_21-5</title>
        <cusip>69547EAD6</cusip>
        <identifiers>
          <isin value="US69547EAD67"/>
          <other otherDesc="Internal Id" value="69547EAD6"/>
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        <balance>865000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16954.970000000000</valUSD>
        <pctVal>0.0033111835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>BRENT CRUDE (ICE) DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00H47KCD10"/>
          <ticker value="COZ5"/>
          <other otherDesc="Internal Id" value="COZ5C25"/>
        </identifiers>
        <balance>8.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1535.420000000000</valUSD>
        <pctVal>0.0002998565</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>BRENT CRUDE (ICE) DEC 25</issuerName>
                <issueTitle>BRENT CRUDE (ICE) DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="COZ5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-10-31</expDate>
            <notionalAmt>533584.58</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>1535.420000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>COTTON NO.2 MAR 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CTH6"/>
          <other otherDesc="Internal Id" value="CTH6C26"/>
        </identifiers>
        <balance>57.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-21391.370000000000</valUSD>
        <pctVal>-0.0041775805</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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        <name>IMPERIAL FUND MORTGAGE TRUST IMPRL_22-NQM5</name>
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      <invstOrSec>
        <name>KNOCK ISSUER TR KNOCK_25-1</name>
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        <name>GENWORTH MORTGAGE INSURANCE CORPORATION TMIR_21-3</name>
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        <name>JPMorgan</name>
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        <name>JPMorgan</name>
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      <invstOrSec>
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        <name>ANGEL OAK MORTGAGE TRUST AOMT_19-2</name>
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        <name>JPMorgan</name>
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        <name>JPMorgan</name>
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        <name>ANGEL OAK MORTGAGE TRUST AOMT_25-8</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>BHMS MORTGAGE TRUST BHMS_25-ATLS</name>
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      <invstOrSec>
        <name>JPMorgan</name>
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        <name>JPMorgan</name>
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        <name>BRAVO RESIDENTIAL FUNDING TRUST BRAVO_20-NQM1</name>
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        <name>JPMorgan</name>
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      <invstOrSec>
        <name>JPMorgan</name>
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        <name>JPMorgan</name>
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        <name>CHNGE MORTGAGE TRUST CHNGE_23-1</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>JPMorgan</name>
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        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <name>Citi</name>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>POLISH ZLOTY</title>
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        <name>JPMorgan</name>
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        <name>Citi</name>
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        <name>Citi</name>
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        <name>CHNGE MORTGAGE TRUST CHNGE_22-NQM1</name>
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        <name>JPMorgan</name>
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        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>0.000000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>LME NICKEL SEP 25</title>
        <cusip>000000000</cusip>
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          <isin value="GB00H24CMP86"/>
          <ticker value="LNU5"/>
          <other otherDesc="Internal Id" value="LNU5C25"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-18927.620000000000</valUSD>
        <pctVal>-0.0036964279</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LME NICKEL SEP 25</issuerName>
                <issueTitle>LME NICKEL SEP 25</issueTitle>
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                  <other otherDesc="Contract Identifier" value="LNU5C25"/>
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            <expDate>2025-09-16</expDate>
            <notionalAmt>-898267.18</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-18927.620000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VISTA POINT SECURITIZATION TRUST VSTA_25-CES1</name>
        <lei>N/A</lei>
        <title>VSTA_25-CES1</title>
        <cusip>92842DAE0</cusip>
        <identifiers>
          <isin value="US92842DAE04"/>
          <other otherDesc="Internal Id" value="92842DAE0"/>
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        <balance>250000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>255930.900000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.621000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VISTA POINT SECURITIZATION TRUST VSTA_25-CES1</name>
        <lei>N/A</lei>
        <title>VSTA_25-CES1</title>
        <cusip>92842DAF7</cusip>
        <identifiers>
          <isin value="US92842DAF78"/>
          <other otherDesc="Internal Id" value="92842DAF7"/>
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        <balance>150000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>154573.580000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.956000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHNGE MORTGAGE TRUST CHNGE_23-2</name>
        <lei>N/A</lei>
        <title>CHNGE_23-2</title>
        <cusip>169926AF9</cusip>
        <identifiers>
          <isin value="US169926AF98"/>
          <other otherDesc="Internal Id" value="169926AF9"/>
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        <balance>200000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>203147.860000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.016000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHNGE MORTGAGE TRUST CHNGE_23-3</name>
        <lei>N/A</lei>
        <title>CHNGE_23-3</title>
        <cusip>17030AAE5</cusip>
        <identifiers>
          <isin value="US17030AAE55"/>
          <other otherDesc="Internal Id" value="17030AAE5"/>
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        <balance>800000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>809417.600000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.256500000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-25915362.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-327109.850000000000</valUSD>
        <pctVal>-0.0638821977</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>25915362.00</amtCurSold>
            <curSold>EUR</curSold>
            <amtCurPur>30018604.21</amtCurPur>
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            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>-327109.850000000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-406224.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-2643.370000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citi</counterpartyName>
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            <curSold>EUR</curSold>
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        <securityLending>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
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        <balance>-5397088.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>43612.570000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citi</counterpartyName>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-12877900.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-161663.340000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Citi</counterpartyName>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHNGE MORTGAGE TRUST CHNGE_23-3</name>
        <lei>N/A</lei>
        <title>CHNGE_23-3</title>
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          <isin value="US17030AAF21"/>
          <other otherDesc="Internal Id" value="17030AAF2"/>
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        <balance>300000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>301994.700000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.256500000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHNGE_22-1</name>
        <lei>N/A</lei>
        <title>CHNGE_22-1</title>
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          <isin value="US17030JAB26"/>
          <other otherDesc="Internal Id" value="17030JAB2"/>
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        <curCd>USD</curCd>
        <valUSD>300098.650000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-01-25</maturityDt>
          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-19111.790000000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Citi</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Citi</counterpartyName>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <isin value="GB00H24FZF80"/>
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          <other otherDesc="Internal Id" value="LNX5C25"/>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>LME NICKEL NOV 25</issuerName>
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            <expDate>2025-11-18</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <cusip>000000000</cusip>
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          <isin value="GB00H24H1019"/>
          <ticker value="LNZ5"/>
          <other otherDesc="Internal Id" value="LNZ5C25"/>
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        <balance>-15.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-21472.950000000000</valUSD>
        <pctVal>-0.0041935125</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LME NICKEL DEC 25</issuerName>
                <issueTitle>LME NICKEL DEC 25</issueTitle>
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                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="LNZ5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-16</expDate>
            <notionalAmt>-1369890.15</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-21472.950000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-2436796540.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-163571.480000000000</valUSD>
        <pctVal>-0.0319443319</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>2436796540.00</amtCurSold>
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            <amtCurPur>7022892.41</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>-163571.480000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-97500000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-1316.620000000000</valUSD>
        <pctVal>-0.0002571264</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>97500000.00</amtCurSold>
            <curSold>HUF</curSold>
            <amtCurPur>284703.82</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-12-17</settlementDt>
            <unrealizedAppr>-1316.620000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHNGE_22-1</name>
        <lei>N/A</lei>
        <title>CHNGE_22-1</title>
        <cusip>17030JAC0</cusip>
        <identifiers>
          <isin value="US17030JAC09"/>
          <other otherDesc="Internal Id" value="17030JAC0"/>
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        <balance>650000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>553466.100000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.554500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHNGE_22-1</name>
        <lei>N/A</lei>
        <title>CHNGE_22-1</title>
        <cusip>17030JAD8</cusip>
        <identifiers>
          <isin value="US17030JAD81"/>
          <other otherDesc="Internal Id" value="17030JAD8"/>
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        <balance>500000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>376043.100000000000</valUSD>
        <pctVal>0.0734385090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.554500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-26500000000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>11405.020000000000</valUSD>
        <pctVal>0.0022273183</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>26500000000.00</amtCurSold>
            <curSold>IDR</curSold>
            <amtCurPur>1620644.02</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>11405.020000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-2500000000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-807.010000000000</valUSD>
        <pctVal>-0.0001576032</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>2500000000.00</amtCurSold>
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            <amtCurPur>151007.99</amtCurPur>
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            <unrealizedAppr>-807.010000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP MORTGAGE LOAN TRUST IN</name>
        <lei>N/A</lei>
        <title>CMLTI_15-RP2</title>
        <cusip>17323TAK6</cusip>
        <identifiers>
          <isin value="US17323TAK60"/>
          <other otherDesc="Internal Id" value="17323TAK6"/>
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        <balance>997944.860000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>744627.140000000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP MORTGAGE LOAN TRUST CMLTI_18-RP3</name>
        <lei>N/A</lei>
        <title>CMLTI_18-RP3</title>
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        <identifiers>
          <isin value="US17327DAG60"/>
          <other otherDesc="Internal Id" value="17327DAG6"/>
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        <balance>700000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>498088.500000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-03-25</maturityDt>
          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>LME COPPER SEP 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00FW35KG76"/>
          <ticker value="LPU25"/>
          <other otherDesc="Internal Id" value="LPU25C25"/>
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        <curCd>USD</curCd>
        <valUSD>-8561.340000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Morgan Stanley</counterpartyName>
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            <payOffProf>Short</payOffProf>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>LME COPPER DEC 25</title>
        <cusip>000000000</cusip>
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          <isin value="GB00FZ0CSX51"/>
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          <other otherDesc="Internal Id" value="LPZ25C25"/>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>Morgan Stanley</counterpartyName>
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                <issuerName>LME COPPER DEC 25</issuerName>
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      </invstOrSec>
      <invstOrSec>
        <name>COLT MORTGAGE LOAN TRUST COLT_22-4</name>
        <lei>N/A</lei>
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          <isin value="US19685GAF37"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Variable</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>COLT MORTGAGE LOAN TRUST COLT_21-3</name>
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          <isin value="US19688FAC95"/>
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        <balance>426176.100000000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>LME ZINC JAN 26</title>
        <cusip>000000000</cusip>
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          <isin value="GB00H24J6F79"/>
          <ticker value="LXF6"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>LME ZINC JAN 26</issuerName>
                <issueTitle>LME ZINC JAN 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
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            </descRefInstrmnt>
            <expDate>2026-01-20</expDate>
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            <curCd>USD</curCd>
            <unrealizedAppr>37389.430000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>LME ZINC MAR 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00H24LN963"/>
          <ticker value="LXH6"/>
          <other otherDesc="Internal Id" value="LXH6C26"/>
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        <balance>29.000000000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Morgan Stanley</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>JPMorgan</name>
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        <name>JPMorgan</name>
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        <name>Morgan Stanley</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Morgan Stanley</name>
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        <assetCat>DCR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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                <indexName>Bank of Japan Final Result: Unsecured Overnight Call Rate TONAR</indexName>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
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          <ticker value="S X5"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Goldman Sachs</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Short</payOffProf>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>JPMorgan</counterpartyName>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <lei>ZBUT11V806EZRVTWT807</lei>
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        <name>Goldman Sachs</name>
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        <name>JPMorgan</name>
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      <invstOrSec>
        <name>JPMorgan</name>
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          <other otherDesc="Internal Id" value="BAXEL0MK9"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>JPMorgan</counterpartyName>
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      <invstOrSec>
        <name>JPMorgan</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>JPMorgan</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>JPMorgan</counterpartyName>
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            <descRefInstrmnt>
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                <indexName>GBP SONIA OVERNIGHT RATE</indexName>
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            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00" curCd="USD" fixedOrFloating="Fixed" fixedRt="4.000000000000"/>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SONIA" floatingRtSpread="0.000000000000" pmntAmt="0.000000000000">
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
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          <ticker value="SIZ5"/>
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        <curCd>USD</curCd>
        <valUSD>36196.920000000000</valUSD>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>SILVER DEC 25</issuerName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
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        <cusip>000000000</cusip>
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          <ticker value="SIZ5"/>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Morgan Stanley</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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          <ticker value="SFRH6"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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                  <pmntCurCd>N/A</pmntCurCd>
                  <upfrontRcpt>N/A</upfrontRcpt>
                  <rcptCurCd>N/A</rcptCurCd>
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              </nestedDerivInfo>
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            <principalAmt>4785000.000000000000000</principalAmt>
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            <exercisePrice>3.500000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-06-11</expDt>
            <delta>XXXX</delta>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI CANADA 09/17/25</title>
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        <balance>924688.800000000000</balance>
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        <payoffProfile>N/A</payoffProfile>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>JPMorgan</counterpartyName>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSCI Canada Net Return CAD Index</indexName>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="CADCORRA" floatingRtSpread="0.000000000000" pmntAmt="458.220000000000">
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            <otherPmntDesc fixedOrFloating="Other">MSCI Canada Net Return CAD Index</otherPmntDesc>
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            <pmntCurCd>USD</pmntCurCd>
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            <curCd>CAD</curCd>
            <unrealizedAppr>-16363.490000000000</unrealizedAppr>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI BRAZIL 09/17/25</title>
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        <identifiers>
          <other otherDesc="Internal Id" value="BAXEMU935"/>
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        <balance>-56955657.600000000000</balance>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSCI BRAZIL NET BRL</indexName>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">MSCI BRAZIL NET BRL</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="BZDIOVER" floatingRtSpread="0.450000000000" pmntAmt="-9572.530000000000">
              <rtResetTenors>
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            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
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            <curCd>BRL</curCd>
            <unrealizedAppr>536469.050000000000</unrealizedAppr>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI SINGAPORE 09/17/2025</title>
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        <identifiers>
          <other otherDesc="Internal Id" value="BAXEMU976"/>
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        <balance>5529295.500000000000</balance>
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        <descOthUnits>Notional Amount</descOthUnits>
        <currencyConditional curCd="SGD" exchangeRt="1.283100000"/>
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        <pctVal>-0.0131269647</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSCI Singapore Net Return SGD Index</indexName>
                <indexIdentifier>CT1578265</indexIdentifier>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SORA" floatingRtSpread="0.050000000000" pmntAmt="1383.260000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
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            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">MSCI Singapore Net Return SGD Index</otherPmntDesc>
            <terminationDt>2025-09-17</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>5529295.50</notionalAmt>
            <curCd>SGD</curCd>
            <unrealizedAppr>-65833.580000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI SWITZERLAND 09/17/25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="BAXEMU9D3"/>
        </identifiers>
        <balance>4327301.700000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <currencyConditional curCd="CHF" exchangeRt="0.800150000"/>
        <valUSD>39827.650000000000</valUSD>
        <pctVal>0.0077780532</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSCI Switzerland Net Return CHF Index</indexName>
                <indexIdentifier>CT1578293</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SARON" floatingRtSpread="0.000000000000" pmntAmt="-52.530000000000">
              <rtResetTenors>
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            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">MSCI SWITZERLAND NR</otherPmntDesc>
            <terminationDt>2025-09-17</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
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            <curCd>CHF</curCd>
            <unrealizedAppr>39775.120000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI AUSTRALIA 09/17/2025</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="BAXEMU9H4"/>
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        <balance>262663.200000000000</balance>
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        <descOthUnits>Notional Amount</descOthUnits>
        <currencyConditional curCd="AUD" exchangeRt="1.528000611"/>
        <valUSD>-557.120000000000</valUSD>
        <pctVal>-0.0001088015</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSCI Australia Net Return AUD Index</indexName>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="AUDBBRBBSW1M" floatingRtSpread="0.100000000000" pmntAmt="154.500000000000">
              <rtResetTenors>
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            <otherPmntDesc fixedOrFloating="Other">MS_AU</otherPmntDesc>
            <terminationDt>2025-09-17</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
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            <curCd>AUD</curCd>
            <unrealizedAppr>-402.620000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI SOUTH AFRICA 09/17/25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="BAXEMU9U5"/>
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        <balance>7731755.600000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <currencyConditional curCd="ZAR" exchangeRt="17.640000000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSCI South Africa Net Return ZAR Index</indexName>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="JIBA1M" floatingRtSpread="-0.350000000000" pmntAmt="748.430000000000">
              <rtResetTenors>
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            <otherPmntDesc fixedOrFloating="Other">MSCI South Africa Net Return ZAR Index</otherPmntDesc>
            <terminationDt>2025-09-17</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI MEXICO 09/17/2025</title>
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        <identifiers>
          <other otherDesc="Internal Id" value="BAXEXXYB1"/>
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        <balance>5993748.480000000000</balance>
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        <descOthUnits>Notional Amount</descOthUnits>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSCI Mexico Net MXN Index</indexName>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="MXIBTIIE" floatingRtSpread="-0.200000000000" pmntAmt="606.130000000000">
              <rtResetTenors>
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            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">MSCI Mexico Net MXN</otherPmntDesc>
            <terminationDt>2025-09-17</terminationDt>
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            <pmntCurCd>USD</pmntCurCd>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI SINGAPORE 09/17/2025</title>
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        <identifiers>
          <other otherDesc="Internal Id" value="BAXEXXYM7"/>
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        <balance>529206.500000000000</balance>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <descRefInstrmnt>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SORA" floatingRtSpread="0.050000000000" pmntAmt="132.390000000000">
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI MEXICO 09/17/2025</title>
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        <identifiers>
          <other otherDesc="Internal Id" value="BAXEY5SH5"/>
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        <currencyConditional curCd="MXN" exchangeRt="18.664500000"/>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <swapDeriv derivCat="SWP">
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              <counterpartyName>JPMorgan</counterpartyName>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MSCI Mexico Net MXN Index</indexName>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="MXIBTIIE" floatingRtSpread="-0.200000000000" pmntAmt="241.120000000000">
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Citi</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                    <curCd>N/A</curCd>
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                    <issuerCat>CORP</issuerCat>
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            <delta>XXXX</delta>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI MEXICO 09/17/2025</title>
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          <other otherDesc="Internal Id" value="BAXEYTPT0"/>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <derivativeInfo>
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              <counterpartyName>JPMorgan</counterpartyName>
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            <descRefInstrmnt>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>TRSWAP: MSCI SINGAPORE 09/17/2025</title>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SORA" floatingRtSpread="0.050000000000" pmntAmt="124.800000000000">
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            <otherPmntDesc fixedOrFloating="Other">MSCI Singapore Net Return SGD Index</otherPmntDesc>
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            <rcptCurCd>USD</rcptCurCd>
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            <unrealizedAppr>-9504.540000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>OTC (GENERIC) 0 YEAR</title>
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        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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                  <derivAddlInfo>
                    <name>JPMORGAN CHASE BANK NA</name>
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                    <balance>N/A</balance>
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                    <curCd>N/A</curCd>
                    <valUSD>N/A</valUSD>
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                    <issuerCat>CORP</issuerCat>
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                  <descRefInstrmnt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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                  <derivAddlInfo>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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            <descRefInstrmnt>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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            <curCd>NZD</curCd>
            <unrealizedAppr>47.390000000000</unrealizedAppr>
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        </derivativeInfo>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
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          <other otherDesc="Internal Id" value="BAXEZGNP7"/>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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                  <derivAddlInfo>
                    <name>CITIBANK NA</name>
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                    <curCd>N/A</curCd>
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                    <indexBasketInfo>
                      <indexName>United States SOFR Secured Overnight Financing Rate</indexName>
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        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <swapDeriv derivCat="SWP">
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              <counterpartyName>JPMorgan</counterpartyName>
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      </invstOrSec>
      <invstOrSec>
        <name>Barclays</name>
        <lei>AC28XWWI3WIBK2824319</lei>
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        <cusip>000000000</cusip>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Barclays</counterpartyName>
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      <invstOrSec>
        <name>Barclays</name>
        <lei>AC28XWWI3WIBK2824319</lei>
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        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <assetCat>DFE</assetCat>
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        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Barclays</name>
        <lei>AC28XWWI3WIBK2824319</lei>
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        <cusip>000000000</cusip>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Barclays</counterpartyName>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Barclays</name>
        <lei>AC28XWWI3WIBK2824319</lei>
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        <cusip>000000000</cusip>
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          <other otherDesc="Internal Id" value="CCTGBP"/>
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        <balance>3752000.000000000000</balance>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Barclays</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>Barclays</name>
        <lei>AC28XWWI3WIBK2824319</lei>
        <title>BRITISH POUND</title>
        <cusip>000000000</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Barclays</name>
        <lei>AC28XWWI3WIBK2824319</lei>
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          <other otherDesc="Internal Id" value="CCTSEK"/>
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        <units>OU</units>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Barclays</name>
        <lei>AC28XWWI3WIBK2824319</lei>
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        <curCd>N/A</curCd>
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      <invstOrSec>
        <name>JPMorgan</name>
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          <ticker value="BCU5"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Citi</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STAR_20-3</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Morgan Stanley</name>
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        <name>JPMorgan</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Morgan Stanley</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>JPMorgan</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Morgan Stanley</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Goldman Sachs</name>
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        <name>JPMorgan</name>
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        <name>JPMorgan</name>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>CORN MAR 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="C H6"/>
          <other otherDesc="Internal Id" value="C H6C26"/>
        </identifiers>
        <balance>29.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>10354.120000000000</valUSD>
        <pctVal>0.0020220851</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CORN MAR 26</issuerName>
                <issueTitle>CORN MAR 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="C H6C26"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-03-13</expDate>
            <notionalAmt>624383.38</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>10354.120000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>CORN MAR 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="C H6"/>
          <other otherDesc="Internal Id" value="C H6C26"/>
        </identifiers>
        <balance>263.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-86080.120000000000</valUSD>
        <pctVal>-0.0168108274</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CORN MAR 26</issuerName>
                <issueTitle>CORN MAR 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="C H6C26"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-03-13</expDate>
            <notionalAmt>5842492.62</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-86080.120000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>CORN MAY 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="C K6"/>
          <other otherDesc="Internal Id" value="C K6C26"/>
        </identifiers>
        <balance>143.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>132044.910000000000</valUSD>
        <pctVal>0.0257874199</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CORN MAY 26</issuerName>
                <issueTitle>CORN MAY 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="C K6C26"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-05-14</expDate>
            <notionalAmt>3069367.59</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>132044.910000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>CORN DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="C Z5"/>
          <other otherDesc="Internal Id" value="C Z5C25"/>
        </identifiers>
        <balance>195.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>159509.500000000000</valUSD>
        <pctVal>0.0311510565</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CORN DEC 25</issuerName>
                <issueTitle>CORN DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="C Z5C25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-12</expDate>
            <notionalAmt>3937928.00</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>159509.500000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>CORN DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="C Z5"/>
          <other otherDesc="Internal Id" value="C Z5C25"/>
        </identifiers>
        <balance>-17.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-8004.690000000000</valUSD>
        <pctVal>-0.0015632583</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CORN DEC 25</issuerName>
                <issueTitle>CORN DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="C Z5C25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-12</expDate>
            <notionalAmt>-349207.81</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-8004.690000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>CORN DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="C Z5"/>
          <other otherDesc="Internal Id" value="C Z5C25"/>
        </identifiers>
        <balance>-661.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-645671.050000000000</valUSD>
        <pctVal>-0.1260949056</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CORN DEC 25</issuerName>
                <issueTitle>CORN DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="C Z5C25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-12</expDate>
            <notionalAmt>-13243591.45</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-645671.050000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-5334707.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>4579.710000000000</valUSD>
        <pctVal>0.0008943844</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>5334707.00</amtCurSold>
            <curSold>SGD</curSold>
            <amtCurPur>4196552.13</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-12-17</settlementDt>
            <unrealizedAppr>4579.710000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-8442933.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-8315.900000000000</valUSD>
        <pctVal>-0.0016240354</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>8442933.00</amtCurSold>
            <curSold>SGD</curSold>
            <amtCurPur>6626077.01</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-12-17</settlementDt>
            <unrealizedAppr>-8315.900000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-122249109.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>3949.800000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citi</counterpartyName>
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            <amtCurSold>122249109.00</amtCurSold>
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            <unrealizedAppr>3949.800000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-126915773.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-20430.400000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citi</counterpartyName>
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            <amtCurPur>3901754.56</amtCurPur>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-140165548.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
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        <payoffProfile>N/A</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citi</counterpartyName>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
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        <balance>-201449116.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>166934.550000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citi</counterpartyName>
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            <amtCurPur>6766596.55</amtCurPur>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>AUSTRALIA DOLLAR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTAUD"/>
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        <balance>21724272.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>146490.590000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
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            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>146490.590000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>AUSTRALIA DOLLAR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTAUD"/>
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        <balance>3190732.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-7485.270000000000</valUSD>
        <pctVal>-0.0014618193</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Citi</name>
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      <invstOrSec>
        <name>Citi</name>
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      <invstOrSec>
        <name>Citi</name>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Citi</counterpartyName>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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        <cusip>000000000</cusip>
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        <balance>5969000.000000000000</balance>
        <units>OU</units>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Citi</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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          <other otherDesc="Internal Id" value="CCTCHF"/>
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        <balance>9239000.000000000000</balance>
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        <curCd>N/A</curCd>
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        <securityLending>
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      <invstOrSec>
        <name>Citi</name>
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      <invstOrSec>
        <name>Citi</name>
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      <invstOrSec>
        <name>Citi</name>
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      <invstOrSec>
        <name>Citi</name>
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      <invstOrSec>
        <name>Citi</name>
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      <invstOrSec>
        <name>Citi</name>
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            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>-59407.190000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citi</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>POLISH ZLOTY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTPLN"/>
        </identifiers>
        <balance>19896542.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>25830.330000000000</valUSD>
        <pctVal>0.0050444774</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citi</counterpartyName>
              <counterpartyLei>MBNUM2BPBDO7JBLYG310</counterpartyLei>
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            <amtCurSold>5433499.76</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>19896542.00</amtCurPur>
            <curPur>PLN</curPur>
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            <unrealizedAppr>25830.330000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>COCOA DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CCZ5"/>
          <other otherDesc="Internal Id" value="CCZ5C25"/>
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        <balance>3.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1302.330000000000</valUSD>
        <pctVal>-0.0002543357</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>COCOA DEC 25</issuerName>
                <issueTitle>COCOA DEC 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="CCZ5C25"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-15</expDate>
            <notionalAmt>232602.33</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-1302.330000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>COCOA DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CCZ5"/>
          <other otherDesc="Internal Id" value="CCZ5C25"/>
        </identifiers>
        <balance>59.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>140782.850000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>COCOA DEC 25</issuerName>
                <issueTitle>COCOA DEC 25</issueTitle>
                <identifiers>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-15</expDate>
            <notionalAmt>4408117.15</notionalAmt>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>LONG GILT DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00MW9TYF35"/>
          <ticker value="G Z5"/>
          <other otherDesc="Internal Id" value="G Z5C25"/>
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        <balance>270.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="GBP" exchangeRt="0.739863865"/>
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        <pctVal>0.0121403260</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>LONG GILT DEC 25</issuerName>
                <issueTitle>LONG GILT DEC 25</issueTitle>
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              </otherRefInst>
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            <expDate>2025-12-29</expDate>
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            <curCd>GBP</curCd>
            <unrealizedAppr>62164.740000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00MW9TYF35"/>
          <ticker value="G Z5"/>
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        <balance>84.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="GBP" exchangeRt="0.739863865"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>LONG GILT DEC 25</issuerName>
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              </otherRefInst>
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            <expDate>2025-12-29</expDate>
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            <curCd>GBP</curCd>
            <unrealizedAppr>-6993.510000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>LONG GILT DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00MW9TYF35"/>
          <ticker value="G Z5"/>
          <other otherDesc="Internal Id" value="G Z5C25"/>
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        <balance>22.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="GBP" exchangeRt="0.739863865"/>
        <valUSD>-2110.850000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>LONG GILT DEC 25</issuerName>
                <issueTitle>LONG GILT DEC 25</issueTitle>
                <identifiers>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-29</expDate>
            <notionalAmt>1993000.90</notionalAmt>
            <curCd>GBP</curCd>
            <unrealizedAppr>-2110.850000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>GOLD 100 OZ DEC 25</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="GCZ5"/>
          <other otherDesc="Internal Id" value="GCZ5C25"/>
        </identifiers>
        <balance>17.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>158828.680000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>GOLD 100 OZ DEC 25</issuerName>
                <issueTitle>GOLD 100 OZ DEC 25</issueTitle>
                <identifiers>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-29</expDate>
            <notionalAmt>5818541.32</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>158828.680000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="GCZ5"/>
          <other otherDesc="Internal Id" value="GCZ5C25"/>
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        <balance>-2.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-9824.800000000000</valUSD>
        <pctVal>-0.0019187127</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>GOLD 100 OZ DEC 25</issuerName>
                <issueTitle>GOLD 100 OZ DEC 25</issueTitle>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-12-29</expDate>
            <notionalAmt>-693395.20</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-9824.800000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs International</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>EURO COUNTRIES</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTEUR"/>
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        <balance>1592000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>2441.960000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Goldman Sachs International</counterpartyName>
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            <amtCurSold>1862557.38</amtCurSold>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs International</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>JAPANESE YEN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTJPY"/>
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        <balance>175123000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs International</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>SWEDISH KRONA</title>
        <cusip>000000000</cusip>
        <identifiers>
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        <balance>1450000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <derivativeInfo>
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        <securityLending>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>DAX INDEX SEP 25</title>
        <cusip>000000000</cusip>
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          <ticker value="GXU5"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.854773912"/>
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        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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        <securityLending>
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      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>DAX INDEX SEP 25</issuerName>
                <issueTitle>DAX INDEX SEP 25</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="GXU5I25"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-09-19</expDate>
            <notionalAmt>-1761569.45</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-40968.130000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>COPPER MAR 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="HGH6"/>
          <other otherDesc="Internal Id" value="HGH6C26"/>
        </identifiers>
        <balance>63.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-759002.510000000000</valUSD>
        <pctVal>-0.1482277235</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>COPPER MAR 26</issuerName>
                <issueTitle>COPPER MAR 26</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="Contract Identifier" value="HGH6C26"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-03-27</expDate>
            <notionalAmt>8071727.51</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-759002.510000000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-15722372.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-270980.930000000000</valUSD>
        <pctVal>-0.0529206239</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <amtCurSold>15722372.00</amtCurSold>
            <curSold>CHF</curSold>
            <amtCurPur>19412347.19</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>-270980.930000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-5253565.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-18242.660000000000</valUSD>
        <pctVal>-0.0035626601</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <amtCurSold>5253565.00</amtCurSold>
            <curSold>CHF</curSold>
            <amtCurPur>6630784.70</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-12-17</settlementDt>
            <unrealizedAppr>-18242.660000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-4638438381.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>72774.890000000000</valUSD>
        <pctVal>0.0142124119</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <amtCurSold>4638438381.00</amtCurSold>
            <curSold>CLP</curSold>
            <amtCurPur>4870529.71</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>72774.890000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-104236622.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-76366.080000000000</valUSD>
        <pctVal>-0.0149137454</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <amtCurSold>104236622.00</amtCurSold>
            <curSold>CNY</curSold>
            <amtCurPur>14579507.90</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>-76366.080000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-3481405.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-2827.530000000000</valUSD>
        <pctVal>-0.0005521962</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <amtCurSold>3481405.00</amtCurSold>
            <curSold>CNY</curSold>
            <amtCurPur>489709.70</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-12-17</settlementDt>
            <unrealizedAppr>-2827.530000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-1836150049.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>633.570000000000</valUSD>
        <pctVal>0.0001237317</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <amtCurSold>1836150049.00</amtCurSold>
            <curSold>COP</curSold>
            <amtCurPur>457028.86</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>633.570000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-22230525169.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>-104828.260000000000</valUSD>
        <pctVal>-0.0204722041</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <amtCurSold>22230525169.00</amtCurSold>
            <curSold>COP</curSold>
            <amtCurPur>5420813.30</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>-104828.260000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Id" value="CCTUSD"/>
        </identifiers>
        <balance>-1000000.000000000000</balance>
        <units>OU</units>
        <descOthUnits>Notional Amount</descOthUnits>
        <curCd>N/A</curCd>
        <valUSD>97.290000000000</valUSD>
        <pctVal>0.0000190000</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JPMorgan</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <amtCurSold>1000000.00</amtCurSold>
            <curSold>CZK</curSold>
            <amtCurPur>47949.47</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2025-09-17</settlementDt>
            <unrealizedAppr>97.290000000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Securities with ISO Country Code/ISO Country Code Other = XX have designations currently not accepted by the SEC schema (i.e. European Union and Supranational)." noteItem="C.5.a"/>

    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-09-25</ncom:dateSigned>
      <ncom:nameOfApplicant>Columbia Funds Series Trust I</ncom:nameOfApplicant>
      <ncom:signature>Martha Skinner</ncom:signature>
      <ncom:signerName>Martha Skinner</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
